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GM to cut jobs, raise liquidity by $15 billion (Reuters)

Started by riky, July 15, 2008, 02:44:10 PM

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riky

GM to cut jobs, raise liquidity by $15 billion
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - General Motors Corp  said on
Tuesday 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.</p><br clear="all"/>


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