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December 3, 2018

GM CEO to face politicians over restructure

General Motors chief executive Mary Barra is due on Capitol Hill this week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides told Reuters.

By Olly Wehring

General Motors chief executive Mary Barra is due on Capitol Hill this week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides told Reuters.

The news agency noted GM had come under harsh criticism from lawmakers from both major political parties, and from President Donald Trump, since Monday last week when it announced the biggest restructuring since its bankruptcy a decade ago.

Barra is expected to meet with lawmakers from Michigan and Ohio, where GM plans to close three plants, as well as senior leaders in Congress, Reuters said.

Debbie Dingell, a Michigan Democrat, told CNN last week GM had done what others could not – uniting both parties in their anger. She added that GM "has to be the most thoroughly disliked company in Washington DC right now". She also criticised GM's handling of the layoffs.

GM has said many workers at plants that are ending production would be able to transfer to open jobs at other plants.

Barra called lawmakers last week to explain the decision to end production. Trump had threatened to revoke subsidies for GM for electric vehicles.

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