GM, Chrysler fall: 2.5 lakh jobs in peril

Bankruptcies of automakers General Motors and Chrysler could cost as many as quarter million people their jobs over the next year and a half, a media report says.

According to a report in MarketWatch.com, a publication of Dow Jones & Company, "If all goes according to plan, the bankruptcies of GM and Chrysler, which went bankrupt in late April, could cost about a quarter million people their jobs over the next year and a half."

Text: PTI

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