GM to Cut 1,600 Jobs

by Jordan Yerman | April 20, 2009 at 10:47 am

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General Motors will cut 1,600 salaried jobs this week, half of its 3,400-layoff target for its US operations. Worldwide, the automaker is looking to cut a total of 47,000 jobs.

GM is currently operating on over $13 billion in US federal bailout money.

For more on the ongoing layoffs, please see our Layoffs feature channel.

“These are difficult actions,” North America President Troy Clarke wrote in an e-mail to employees. “However, given the economic realities facing GM, these actions are necessary to help ensure the long-term viability of our company.”

These time are considerably more difficult for those whose jobs are about to be axed.