GM, the world’s largest automaker is going through some very serious times. As reported by Freep.com, General Motors “revelaed a dire financial outlook Friday that has the company teetering on the edge of bankruptcy.” Sales have dropped to a 25 year low!
With such a grim present, one can only begin to wonder what the future holds for such a company. One of the more obvious results of such reports are obviously a huge loss of jobs. As the company announced: “It will cut 3,600 hourly workers and eliminate about 2,000 more salaried jobs.”
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