General Motors announces sweeping layoffs for North American workers

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Nearly 15,000 factory and white-collar workers are expected to lose their jobs by the end of 2019. General Motors announced sweeping layoffs and factory closures across North America. Ali Velshi and Stephanie Ruhle are joined by Bloomberg auto reporter Keith Naughton to discuss the new restructuring plan that will shutter 5 factories – 3 of which produce cars for foreign markets.