November 18, 1997 in Nation/World

Gm Will Cut 42,000 Jobs

Compiled From Wire Services
 

General Motors Corp. will cut 42,000 jobs in the next five years through attrition and the selling and closing of plants, USA Today reported Monday.

GM spokesman John Mueller declined comment Monday on possible job cuts, but the report was in line with what analysts and other published reports have said for months: the world’s largest automaker is reducing its workforce to become more competitive.

As GM has redesigned its cars and trucks to require fewer workers to build, it has reduced its plant staffing by not replacing retirees and those who have left for other reasons.

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