AT A GLANCE: GM Accelerates Cost Cutting, Launches Debt Swap - CNNMoney.com

AT A GLANCE: GM Accelerates Cost Cutting, Launches Debt Swap
CNNMoney.com
(GM) stepped up its restructuring plan Monday, saying it will cut 21000 hourly jobs and eliminate its Pontiac brand by the end of next year. It will also start an exchange offer for $27 billion of its unsecured public notes that, based on Friday's ...