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GM layoffs, plant shutdowns suggest US economy may be starting to slow

Washington Post
The Washington Post · David J. Lynch, Taylor Telford

General Motors said Monday it will close five factories and lay off nearly 15,000 workers in a move that shows the economy may be starting to slow and dents President Donald Trump's claim to be leading a renaissance for industrial America.

The automaker said it would save $6 billion annually by thinning its salaried management ranks, dropping thousands…

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The Washington Post
General Motors