© 2022 MICHIGAN RADIO
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

GM To Eliminate 25,000 Jobs, Several Plants by 2008

General Motors Chairman and CEO Rick Wagoner announces the U.S. auto giant will cut 25,000 jobs and shutter several plants in the next few years a bid to turn around the ailing company. He made the announcement Tuesday at the company's annual meeting. GM lost $1.3 billion in the first quarter of 2005.

Copyright 2005 NPR