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 is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.

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 (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.

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.

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 Co. will cut about 1,000 salaried workers globally in a move to streamline its operations, according to people familiar with the matter.

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.