US Auto Industry Faces Job Cuts Amid Cash Crunch πŸš—

General Motors plans to cut 1,900 jobs in North America due to financial struggles, adding to previous layoffs, signaling a tough outlook.

US Auto Industry Faces Job Cuts Amid Cash Crunch πŸš—
Voice of America
1.5K views β€’ Nov 13, 2008
US Auto Industry Faces Job Cuts Amid Cash Crunch πŸš—

About this video

General Motors says it plans to cut another 1900 jobs in North America so it can deal with a worsening cash crunch. The cuts are in addition to 3600 lay-offs GM announced last week. The company has lost more than $400 million since July due to declining sales. Analysts say the entire U.S. auto industry is at risk and so are millions of jobs. VOA's Mil Arcega reports.

Tags and Topics

Browse our collection to discover more content in these categories.

Video Information

Views

1.5K

Likes

4

Duration

1:57

Published

Nov 13, 2008

User Reviews

3.9
(1)
Rate:

Related Trending Topics

LIVE TRENDS

Related trending topics. Click any trend to explore more videos.

Trending Now