DETROIT - Bruised by a deep sales slump and a half-century-low in its stock price, General Motors Corp. is preparing to cut thousands more white-collar jobs and is considering whether it should sell or shutter more of its brands, people familiar with the matter said. Both moves are part of a broader re-evaluation of GM’s strategy and of its ability to meet an internal projection of returning to profitability in 2010, these people said. The job cuts are likely to be approved when GM’s...

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