GM Plans to Cut White-Collar Jobs, Journal Reports

March 21, 2005 1:00 AM, EST

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uto maker General Motors Corp. will cut its North American white-collar work force by as much as 28% in some areas, the Wall Street Journal reported.

Last week, GM warned that 2005 earnings could be 80% below its prior forecast as a result of slumping North American auto sales.

The Journal said it was not clear when the cuts would take place, or the total number of cuts planned.