GM's plan involves the elimination of 47,000 additional jobs, from its current worldwide workforce of 244,000. Roughly, 21,000 US employees will lose their jobs in this round of layoffs. Between 2000 and 2008, GM shuttered 12 manufacturing facilities in the US. It has plans to close an additional 14 plants, which is five more than it planned to eliminated in December. When the closures complete by 2012, GM will own 33 North American plants. It is uncertain at this time which plants will be closing.

Additionally, GM plans to re-shape its dealer network with fewer and better located dealerships. From 2004 to 2008 dealerships declined from 7,367 to 6,246, a 15% reduction. Current plans will accelerate dealership reduction by an additional 25%. This will mean decreasing the total number of US dealerships from 6,246 to 4,700 by 2012. An additional 600 dealerships could be eliminated by 2014.

In December GM asked the federal government for $18 billion to help make the company viable again. It is now adjusting that number, requesting an additional $7.5 billion worth of government aid and a $4.5 billion US secured revolver credit facility. Repayment of the $30 billion worth of loans would begin in 2012, according to current plans.