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 fires 1,000 employees amid cost-cutting and reorganization
General Motors (GM), one of the world's largest automakers, has laid off around 1,000 employees as part of its cost-cutting and restructuring strategy. The layoffs were announced yesterday to the affected employees.
General Motors Cuts 1,000 Jobs Amid Push To Sell Unprofitable EVs
General Motors (GM) cut 1,000 jobs Friday as part of a broader push to cut costs and boost electric vehicle (EV)
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 fires 1,000 employees in cost-cutting move amid market shifts
We are grateful to those who helped establish a strong foundation that positions GM to lead in the industry moving forward.” This latest round of layoffs follows the dismissal of over 1,000 salaried employees in GM’s software and services division in August.
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 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, competition tighten.
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, 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 ...
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 ...
Americans kept on shopping last month; white-collar layoffs are coming at General Motors
Sales in some categories fell — furniture stores, clothing outlets and drug stores, among them — though economists said that ...
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 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, ...
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 ...
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 ...