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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.
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.
General Motors slashes another 1,000 jobs to cut costs
General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting bid, just three months after cutting 1,000 software jobs. The
General Motors Laying Off 1,000 White Collar Workers
General Motors confirmed that it is laying off about 1,000 workers. Most of the workers, which are spread around the world, are in white collar jobs. The company emailed affected workers early Friday morning. A majority of them are in the Detroit area.
General Motors to lay off 1,000 workers globally amid cost-cutting efforts
General Motors (GM) is laying off about 1,000 workers worldwide as part of its efforts to cut costs and stay competitive in the global automobile market.
General Motors laying off nearly 1,000 workers worldwide, most in US
The layoffs come as car company is trying to reposition itself as a leader in electric vehicles and software, which are both costly. GM is aiming to cut $2 bn to $4 bn in losses on EVs next year
GM Plans to Cut 1,000 Salaried Workers in Bid to Reduce Costs
General Motors Co. will cut about 1,000 salaried workers globally in a move to streamline its operations, according to people familiar with the matter.
GM To Cut 1,000 Salaried, Hourly Jobs To Reduce Costs : Reports
Friday, General Motors Co. (GM) has decided to lay-off about 1,000 salaried and hourly employees across various divisions, mostly in
GM Cuts Another 1,000 Jobs As EV Push Continues
General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the automaker to trim costs as it ramps up sales in unprofitable electric vehicles.
GM laying off nearly 1,000 workers, most in US, source says
General Motors is laying off nearly 1,000 workers worldwide, most in the U.S., as it looks to streamline operations, a source told Reuters on Friday.
4d
on MSN
What Trump's Presidency Could Mean for Tesla and Other Electric Vehicle Makers
The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice ...
5d
on MSN
General Motors unveils new all-electric Cadillac called the Vistiq with 300-mile range
General Motors Co. GM is unveiling the three-row Cadillac Vistiq all-electric sport utility vehicle on Tuesday, according to reports. The vehicle will have a range of 300 miles and sell for prices ...
10d
GM ending production of Cadillac XT4 SUV as it shifts to electric vehicles
General Motors said on Thursday it will end production of the gas-powered Cadillac XT4 SUV in January as it shifts production ...
12d
The Candidates Keep Talking About Electric Cars in Michigan. Here’s Why.
Electric vehicles are a top-tier issue in Michigan, where both candidates have framed a vote for their opponent as a threat ...
Rolling Out
12d
General Motors, Chevrolet unveil surprising wares at FAMU’s homecoming
The energy on the football field could not outshine what General Motors and Chevrolet brought off it at Florida A&M's ...
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