GM is shutting down plants and slashing staff

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General Motors is shutting down plants 11.26.18_1543248399361.PNG.jpg

General Motors announced Monday a major restructuring of its global business, shutting at least three production facilities in North America and slashing its staff.

The moves are the first big steps in the century-old GM’s transformation. 

It is closing facilities and reinvesting money away from cars that once dominated roadways and to technology that the company believes will power its future.

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