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 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.The Detroit-based owner of Chevrolet and Cadillac confirmed Friday in a statement that the company had made a small number of team reductions.
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.
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 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 Another 1,000 Jobs in Scramble to Reduce EV Costs
General Motors slashed almost 1,000 jobs early Friday, adding to the thousands who were already let go from the massive automaker so far in 2024, Reuters reports. A now-former associate director for GM competitor intelligence told an industry Facebook group that the layoffs were communicated via an early-morning email.
General Motors lays off about 1,000 workers to cut costs 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 ...
GM cuts 1,000 jobs globally, salaried and hourly, in move to 'strive for efficiency'
The move comes after the firm reduced its electric-vehicle production and adopted a new salaried employee ranking system to ...
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 ...
GM is cutting its cheapest crossover in January amid a hurried shift to EVs
Cadillac is making swift progress in converting to an all-electric lineup, and now the marque's cheapest gas-powered ...
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EV adoption will surge—take it from someone leading a battery tech startup after 17 years at GM
I was privileged to lead General Motors' electric vehicle programs for over a decade. During that time, two of the most ...
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GM Streamlines to Rise: Electric Future Beckons Amid Job Cuts
General Motors has announced nearly 1,000 layoffs, primarily in the U.S., as part of efforts to enhance operational ...
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 ...
GM cuts 1,000 jobs globally, mostly salaried but some hourly, in move to gain efficiency
General Motors cut about 1,000 salaried and hourly employees early Friday morning as part of the new salaried employee ...
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GM's Strategic Layoffs: Accelerating into the Future
General Motors is laying off almost 1,000 workers globally to streamline operations and cut costs. The automaker aims to ...
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 ...