GM slashes thousands of jobs in tech shift

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DETROIT (AP) ” Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation.The GM layoffs come amid the backdrop of a trade wars between the U.S., China and Europe that likely will lead to higher prices for imported vehicles and those exported from the U.S. CEO Mary Barra said the company faces challenges from tariffs but she did […]

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