GM to cut 21,000 US factory jobs, shed Pontiac

Finally GM starts to do something on its problem. Since GM has been lost a lot of money in pervious years even in the time that the economy is growing, GM should have been resolve its problem earlier by improving their car models and restructuring their management and workers' health care. Their management is responsible for losting numerous of money and part of the government debt.

The problems with GM is that their cars are not competitive with the German and Japanese cars, that means GM has to work more on that and should try to earn money to return to the government that not to be a bad factor of the country to move away from capitalism.

http://news.yahoo.com/s/ap/20090427/ap_on_bi_ge/us_gm_plan