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GM Chairman and Chief Executive Officer Rick Wagoner is expected to reveal a plan Tuesday, first addressing employee and then holding a news conference with other GM executives, the newspaper said.

GM spokesman Dan Flores told the Times Wagoner will announce a "variety of actions" Tuesday to respond to current market conditions, but he did not provide details.

The automaker just announced a major restructuring six weeks ago. The Wall Street Journal reported last week that GM was weighing cutting thousands of white-collar jobs and considering whether to sell or discontinue one of its brands.

Company officials have already decided to put GM's Hummer division on the market.

Citing sources familiar with the situation at GM, the Journal said the moves were being considered as part of a plan to return to profitability by 2010.

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