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.
GM lays off 1,000 employees amid reorganization, cost-cutting
GM laid off roughly 1,0000 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, which were announced Friday morning via email to those impacted, were across the business.
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.
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 lays off about 1,000 workers, cutting costs to compete in crowded auto 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 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 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 ...
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 ...
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General Motors announces global layoffs amid electric vehicle shift
The American automotive company General Motors (GM) has announced plans to lay off around a thousand employees worldwide, ...
What's Going On With General Motors Today?
General Motors Company (NYSE: GM) shares are trading lower Friday due to several recent developments. Here's what you need to ...
GM’s Cruise to pay $500,000 fine to DOJ, admits submitting false report
Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing ...
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, ...
GM’s robot car unit Cruise will pay $500,000 over falsified crash report
General Motors’ robot car unit Cruise will pay $500,000 to resolve criminal charges from the DOJ for falsifying a federal report after a grisly 2023 crash.
GM recalls 460k cars for rear wheel lock-up: Affected models include Chevrolet, GMC, Cadillac
General Motors (GM) is recalling 461,839 diesel vehicles due to a transmission issue that can impact wheel function, said the ...