Live

Watch CBSN Live

GM layoff announcement sparks controversy

General Motors faces a barrage of criticism over a plan to cut thousands of jobs, even though it's profitable. The cuts will affect 15 percent of the company's white-collar workers and many high-paying factory jobs. GM CEO Mary Barra said the move gives the company flexibility to invest in the future. Kris Van Cleave reports.
View CBS News In
CBS News App Open
Chrome browser logo Chrome Safari browser logo Safari Continue