Tuesday, November 11, 2008
GM: Stock down 90% this year as layoffs continue
GM: Stock down 90% this year as layoffs continue
General Motors' stock price plunged another 15% Tuesday as the battered automaker said it plans to lay off nearly 2,000 hourly workers.
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Fjcruiser says:
They are burning $2Bn a month. At this rate, they wont be around much longer.