GM Cuts Marketing Staff

General Motors Corp. is laying off 20% of its marketing and communications staff, according to a spokeswoman, as part of its trimming 1,600 white-collar jobs. While the company would not disclose the size of its marketing department or the scope of the layoffs, according to one estimate, the department employs 220 people, indicating about 45 posts will be lost.

The move comes as GM struggles to meet the federal government's June 1 deadline for it to restructure or face bankruptcy court. To read the complete article, click here.

No comments:

Post a Comment