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IPFS News Link • Business/ Commerce

GM to halt production at several plants, cut more than 14,000 jobs

• https://www.cnbc.com

The automaker plans to cut production at several factories and reduce its salaried workforce by 15 percent, more than 14,000 employees.

The reductions are part of a massive restructuring that will cost up to $3.8 billion.

The UAW responds by vowing to use "every legal, contractual and collective bargaining avenue" to fight the changes.

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