AIRLINK 207.05 Decreased By ▼ -5.77 (-2.71%)
BOP 10.25 No Change ▼ 0.00 (0%)
CNERGY 6.77 Decreased By ▼ -0.23 (-3.29%)
FCCL 33.59 Increased By ▲ 0.12 (0.36%)
FFL 16.97 Decreased By ▼ -0.67 (-3.8%)
FLYNG 21.60 Decreased By ▼ -0.22 (-1.01%)
HUBC 129.23 Increased By ▲ 0.12 (0.09%)
HUMNL 14.06 Increased By ▲ 0.20 (1.44%)
KEL 4.72 Decreased By ▼ -0.14 (-2.88%)
KOSM 6.85 Decreased By ▼ -0.08 (-1.15%)
MLCF 42.90 Decreased By ▼ -0.73 (-1.67%)
OGDC 216.10 Increased By ▲ 3.15 (1.48%)
PACE 7.14 Decreased By ▼ -0.08 (-1.11%)
PAEL 42.00 Increased By ▲ 0.83 (2.02%)
PIAHCLA 16.90 Increased By ▲ 0.07 (0.42%)
PIBTL 8.44 Decreased By ▼ -0.19 (-2.2%)
POWER 8.81 No Change ▼ 0.00 (0%)
PPL 185.40 Increased By ▲ 2.37 (1.29%)
PRL 39.40 Decreased By ▼ -0.23 (-0.58%)
PTC 24.85 Increased By ▲ 0.12 (0.49%)
SEARL 98.02 Increased By ▲ 0.01 (0.01%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 40.80 Decreased By ▼ -0.93 (-2.23%)
SYM 18.40 Decreased By ▼ -0.46 (-2.44%)
TELE 9.17 Increased By ▲ 0.17 (1.89%)
TPLP 12.25 Decreased By ▼ -0.15 (-1.21%)
TRG 64.96 Decreased By ▼ -0.72 (-1.1%)
WAVESAPP 10.86 Decreased By ▼ -0.12 (-1.09%)
WTL 1.84 Increased By ▲ 0.05 (2.79%)
YOUW 4.06 Increased By ▲ 0.03 (0.74%)
BR100 11,840 Decreased By -26.4 (-0.22%)
BR30 35,890 Increased By 193 (0.54%)
KSE100 113,861 Decreased By -287.9 (-0.25%)
KSE30 35,841 Decreased By -110.8 (-0.31%)

General Motors Corp will announce job cuts at its engineering operations in the United States and Europe next week, the Detroit Free Press reported on Thursday. The newspaper quoted unidentified engineers and a GM executive in reporting that the coming job cuts would be announced on Tuesday.
It was not clear how many white-collar positions would be eliminated, the newspaper said. A GM representative could not be immediately reached for comment.
"There will be a right-sizing of the US and European vehicle engineering groups," the newspaper quoted a GM executive as saying. "Where there's duplication of engineering among North America, Europe and South America, you can eliminate it and reduce the number of people involved."

Copyright Reuters, 2006

Comments

Comments are closed.