Car Giant Lays Off 1,000 Employees Due to Electric Car Costs
On Friday morning, General Motors informed 1,000 employees they were being laid off. The car giant is cutting costs in an effort to make electric vehicles (EVs) more affordable. According to Reuters,
GM lays off 1,000 employees amid reorganization, cost-cutting
GM laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision. The layoffs,
General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
GM lays off 1,000 employees for second time in three months
Salaried and hourly employees are among the roughly 1,000 layoffs announced by General Motors Friday, the majority of which affect the company's Global Technical Center in Warren, Mich.
General Motors Cuts 1,000 Jobs Amid $2 Billion Cost Savings
General Motors ( GM) has announced plans to lay off approximately 1,000 employees worldwide as part of a plan to reduce fixed costs by $2 billion by the end of 2024. The cuts will primarily impacting white-collar workers in the United States.
GM lays off 1,000 employees as part of cost-cutting and realignment effort
General Motors (GM) laid off approximately 1,000 employees on Friday as part of a broader effort to reduce costs and realign its priorities.
General Motors lays off about 1,000 workers in latest cost-cutting effort
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
As GM announces more layoffs, auto expert sees possible shift from EV production
Jan Griffiths, an automotive industry expert and founder of Gravitas Detroit, a company that works with the auto industry on ...
24/7 Wall St8h
Why Will GM Fire 1,000 People?
The truth is that the layoffs barely mattered at all. While car companies’ downsizing is usually a common theme, GM has ...
GM cuts 1,000 jobs globally, mostly salaried but some hourly, in move to gain efficiency
General Motors cut a total of about 1,000 salaried and hourly employees early Friday morning as part of the new salaried ...
GM cutting another 1,000 jobs despite growing profits. Here's why
GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...
Bridge Magazine2d
GM layoffs in Michigan an 'unmistakable sign the auto industry is slowing'
Most of the 1,000 jobs were cut from the GM Tech Center in Warren. It’s the second layoff round there in months.
General Motors announces huge layoffs ahead of potential turmoil
However, the brands that make up the Detroit mainstay General Motors GM are in a distant but well-fought second place, with a ...
GM to lay off roughly 1,000 people globally with majority working out of Warren
These layoffs come after GM in August laid off more than 1,000 salaried employees working in its software and services ...
Rural Arizona hit by automakers layoffs; what to know about GM, Stellantis
Two major automakers, General Motors and Stellantis, are closing shop in Arizona. Here's what we know about layoffs and the ...