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GM to start laying off 4,000 salaried workers on Monday

GM to start laying off 4,000 salaried workers on Monday

General Motors is expected to lay off about 4,000 salaried workers under a reorganisation announced late last year, a person familiar with the matter has said. The layoffs are part of a cost-cutting plan GM announced in November, which will slash 15 percent of its salaried and contract staff and shutter seven plants, including five in North America.

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