President Trump said he urged General Motors CEO Mary Barra to get back into Ohio, after the company announced Monday it plans to cut jobs and close several plants. Photo: AP By Mike Colias Mike Colias The Wall Street Journal Biography @MikeColias mike.colias@wsj.com Updated Nov. 26, 2018 3:11 pm ET
General Motors Co. GM 2.03% plans to cut up to 14,800 jobs in the U.S. and Canada and end production at several North American factories, marking the auto maker’s first significant downsizing since its bankruptcy last decade as the company tries to adjust to weak sedan sales.
The moves—affecting plants in Michigan, Ohio and Canada—would reduce GM’s annual costs by $4.5 billion by the end of