GM layoffs may not be as bad as originally projected
(12/15/18)- The General Motors' massive 14,000-person layoff announced last month might not be as bad as originally projected.
The company said Friday that 2,700 out of the 3,300 factory jobs slated for elimination will now be saved by adding jobs at other U.S. factories.
Blue-collar workers in many cities will still lose jobs when GM shutters four U.S. factories next year.
But most could find employment at other GM plants. Some would have to relocate.