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.

Posted by mark @ 06:17 PM (469 views)
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One thought on “GM: Stock down 90% this year as layoffs continue

  • They are burning $2Bn a month. At this rate, they wont be around much longer.

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