When you add up all the cuts, Chrysler, Ford and GM are well on their way to cutting half their employees in North America in just over five years.
That’s staggering, especially since most of those cuts have taken place in just the last two years.
GM announced the latest cut on Feb. 10. GM said it will cut 10,000 white-collar jobs worldwide in 2009, including about 3,400 in the United States. In November, GM said in its application for a federal bailout that it had already cut U.S. employment from 177,000 in 2002 to 93,000. Cutting another 3,400 jobs means GM will have cut 49 percent of its work force since 2002.
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