General Motors Slashes Jobs, Suspends Dividends to Survive.
377 views · Published 16 July 2008 · 2:05 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
Amid rising gasoline prices and slumping U.S. sales, international auto giant General Motors announced a plan on July 15th to cut expenses and shift production to more fuel-efficient cars. Company officials say they will lay off workers, cut truck production and suspend its stock dividend. VOA's Jeff Swicord Reports
