General Motors Ceo Resigns As Part Of Bailout Deal

General Motors CEO Rick Wagoner announced his resignation early Monday -- the latest change for the troubled automaker. White House and GM sources had told CNN Sunday that Wagoner would resign as part of the federal government's bailout strategy for the troubled automaker.

BING NEWS:
  • New woes for Peloton as CEO resigns, workforce cut by 400
    Indoor training platform Peloton has announced a 15 per cent cut in its workforce, totalling around 400 positions, and its CEO Barry McCarthy has resigned in the latest bad news for the company.
    05/2/2024 - 9:00 pm | View Link
  • Peloton CEO Barry McCarthy Resigns Amid 15% Staff Layoffs and Debt Refinancing Efforts
    Peloton, the once-thriving connected fitness company, announced a major leadership shakeup and another round of layoffs on Thursday as it grapples with declining sales and mounting debt. CEO Barry ...
    05/2/2024 - 3:47 am | View Link
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