In more efforts to cut cost GM has is suspending some workers benefits. they will no longer match nonunion workers 401k. They will also eliminate its scholarship program and its financial assistance for tuition and adoption. Its has been said that not many companies go down this path which only shows how bad GM is truly doing.
http://www.latimes.com/business/la-fi-gm24-2008oct24,0,5127707.story
Friday, October 24, 2008
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