Youch. That's more than 10% of their estimated workforce according to this article and it speculates that a majority of the cuts are from customer service (20-30% off the top)... so don't expect GM response times to get any better... I can't help but think that Targ's right. You don't post record profits and then announce a significant layoff (under the guise of having "some departments be overstaffed") weeks later.
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