امریکہ کی مغروف موٹر ساز کمپنی جنرل موٹرز نے 47000 ملازمین کو فارغ کرنے کا فیصلہ کیا ہے۔۔۔۔
The US automaker presented its turnaround plan to the Obama administration as it worked to win concessions from the United Auto Workers union and bondholders to dramatically resize the company.
The UAW said it reached a tentative deal with GM, Chrysler LLC and Ford Motor Co on contract changes but discussions were still under way about how the companies would fund union-run trust funds that will take over the companies’ retiree health care obligations starting next year.
GM said it was making progress but had not yet achieved all concessions from union workers, debt holders, dealers and suppliers that the Bush administration sought in the loan terms provided last December.
President Barack Obama’s administration will review the plans from GM and Chrysler LLC but could pull the loans if they don’t approve the turnaround plans by March 31.— AP