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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. The workers, mostly white collar, were notified about the decisions early Friday.
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 company told TechCrunch that cuts won't affect hourly workers at any of its factories,
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 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 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.
General Motors laying off nearly 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 about 1,000 salaried and hourly employees early Friday morning as part of the new salaried employee ranking system as well as a "normal course of business" to achieve better operating efficiency.
GM lays off 1,000 employees amid reorganization, cost-cutting
General Motors laid off roughly 1,000 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.
14h
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 ...
21h
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 ...
14h
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 ...
18h
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 ...
19h
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, ...
21h
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 ...
1d
on MSN
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 ...
1d
on MSN
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 ...
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