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GM to cut hundreds of white collar workers in IT overhaul

The carmaker’s shares fell 3.9% at 12:27 p.m. in New York on Monday

Bloomberg News

General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in staff with skills in other technology areas. The reductions will affect about 500 to 600 employees, according to people familiar with the matter. Management began notifying affected […]

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