REPORT: GM to shed 1,600 white-collar jobs by May 1



According to General Motors spokesman Tom Wilkinson, the struggling automaker will shed 1,600 white-collar jobs by May 1 as part of its continuing restructuring efforts. The cuts, which are scheduled to begin this week, are part of a larger action to shed 3,400 white-collar jobs this year.

Details about what brands and/or aspects of GM's business will be most affected by the headcount reduction are not being disclosed at this time. According to the AFP news bureau, GM has thus far reduced its workforce globally by some 47,000 jobs (26,000 of which are outside of the U.S.), and it presently has about 200,000 employees.

[Source: AFP via Google | Image: Bill Pugliano/Getty]

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