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 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 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 1000 workers
General Motors (GM) has announced plans for another round of workforce reductions. According to the company's statement issued to AP, GM intends to lay off approximately 1,000 employees as part of an effort to "optimize for speed and excellence" across its operations.
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.
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, ...
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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, ...
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 ...
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 ...
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 ...
General Motors suffers from back-to-back recalls in consecutive days
On October 22, one of America's largest automakers, Detroit Big Three mainstay General Motors (GM) , reported ...
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 ...
GM opened a lab to prevent software bugs in new vehicles. Here's how it works
Automakers have historically handled software in ways that don't mesh with what's needed for today's vehicles, experts say.