DETROIT (AP) — General Motors Corp. said Tuesday it will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market.
GM said the moves will raise $15 billion to help cover losses and turn around its North American operations.
“In short, [...]
Filed under: Canada, GTA Issues, GTA News, News, Oil, Ontario, Toronto | Leave a Comment »
General Motors will unveil further measures on Tuesday to cope with the dramatic downturn in the north American vehicle market.
The world’s biggest carmaker said that the steps, to be outlined at a press conference, are designed “to align the business to current market conditions”. The conference will be attended by Rick Wagoner, chief executive, as [...]
Filed under: Canada, GTA Issues, Oil, Ontario, Toronto | Tagged: Cars, cuts, Gas, gm, hummer, layoffs, Mini, Oil, Ontario, Oshawa, pontiac, small cars, Smart-car, trucks | 1 Comment »
Like everything else, what goes up must come down. This must apply to Linux distributions too, right? So, what’s happening with Linux? Which distributions are growing?
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Filed under: Linux | Tagged: distributions, distros, fedora, Linux, OpenSUSE, Ubuntu | Leave a Comment »
