General Motors Co. is cutting almost half of the workforce ... million this year and twice as much in subsequent years. The Detroit-based automaker may need to preserve its cash.
The plant will manufacture hydrogen fuel cells and its new jobs are expected to pay the equivalent of about $85,000 a year.
General Motors Co. is cutting about half of the workforce ... GM’s shares on Tuesday closed up 1.4% at $48.59 in New York City. The Cruise job cuts were reported earlier by TechCrunch.