Feb 20, 2009

Car sale slow: reasons for job cuts in car manufacturing

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Feb 20, 2009

     Here is the big reason for job cuts, recently General Motors announced over 40,000 job cuts all over the world, all this happens because of the economical turmoil, the economic slowdown hits the purchasing power low and hence all the cars which was produced were not sold out, and hence the job cut is mandatory for all the companies, here is the picture of such a kind of unsold cars parked in ground.

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