Detailed text transcripts for TV channel - CNN - 20181127:06:15:00
Closing plants and cutting jobs to improve its bottom line. these are not performing or seen not part of the future. they are all gone. where? five plants. one in canada, two in michigan and one is ohio and maryland. what does that mean? big cuts. 15% of the salaried work force, thousands of hourly workers, 14,800 jobs. why? gm says it's all part of restructuring for the future. taking steps to shift into self-driving and electric vehicles that customers want. do you have to cut labor? that's about bottom line. this move will save the company $6 billion a year by the end of 2020. that is calle...