GM to Lay Off About 1,000

White-collar jobs across the board targeted; most cuts expected to be completed by Oct. 1
General Motors Co. needs to lay off about 1,000 white-collar workers this month because only 1,900 accepted early retirement and buyout offers, the automaker said Wednesday. GM will start notifying the 1,000 workers in coming weeks and the job cuts will reach across the automaker's operations, spokesman Tom Wilkinson said. GM started the year with 29,650 white-collar workers and wants to end it with 23,500.
Source: The Detroit News