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-   -   GM to cut jobs, bonuses, and dividend (https://www.corvetteflorida.com/forums/showthread.php?t=17808)

RSS Feed 07-15-2008 09:32 AM

GM to cut jobs, bonuses, and dividend
 
General Motors said today it would cut salaried employment costs by 20 percent, sell up to $4 billion of assets and borrow at least $2 billion in a bid to bolster its liquidity by $15 billion through 2009.

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