F&I Management & Training

General Motors will cut 10,000 jobs globally including 3,000 to 4,000 in Europe to reduce costs during the economic crisis.The troubled automaker said it will cut 10,000 of its 73,000 white collar jobs across the world as it battles pretax losses that reached a $2.8 billion in the third quarter of 2008.In the United States, about 3,400 of GM's 29,500 salaried employees will be affected. The rest of the job cuts will impact Europe and GM's other operations around the world.

DATED: 10.02.09

FEED: ANE