GM to Cut 25,000 Jobs: Over 30% of May's TOTAL
Yesterday it was just too damned hot to blog. Sorry.Today, GM announced it is cutting 25,000 jobs--over 30% of last month's already-distressing total.
Ironically, the economy is one of the few areas that Bush hasn't taken a pummeling lately. A new Washington Post/ABC News Poll shows that the percentage of people who think the economy is doing well astonishingly increased, from 37% in April to 44% in May. The news from GM is likely to change that, as are the numbers from May's planned job cuts (below).
posted at 5:28 PM Permalink
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