Article 6Q4Y7 General Motors Lays Off Hundreds Of US Workers

General Motors Lays Off Hundreds Of US Workers

by
janrinok
from SoylentNews on (#6Q4Y7)

fliptop writes:

A major American auto manufacturer reportedly laid off about 1,000 of its employees on Monday, including about 600 workers based in the U.S. in a bid to streamline current operations:

General Motors (GM) is making cuts in its software and services business, which was recently put under the command of two former Apple executives in a partial retreat from a hiring spree over the last several years, according to The Wall Street Journal. Monday's layoffs stand as the most recent job cuts at GM, which reached buyout agreements with approximately 5,000 salaried employees in 2023 as part of a cost-cutting effort and got rid of several hundred executive positions in February of that year, according to Reuters.

[...] The layoffs are not related to a specific cost-reduction initiative but are instead a result of the company leadership's review of the business and an effort to find more opportunities for efficiency, a GM spokesperson told the DCNF [Daily Caller News Foundataion]. Monday's job cuts followed a decision by the two new GM executives from Apple, Baris Cetinok and Dave Richardson, to streamline the service and software business, sources familiar with the matter told the WSJ.

The spokesperson could not comment as to how many jobs were affected by Monday's actions but said that around 600 jobs would be affected at the company's global technical center in Warren, Michigan.

Previously: GM to Slash 1500 Jobs at Lordstown, Ohio Plant

Related: Tesla Lays Off 'More Than 10%' of its Global Workforce

Original Submission

Read more of this story at SoylentNews.

External Content
Source RSS or Atom Feed
Feed Location https://soylentnews.org/index.rss
Feed Title SoylentNews
Feed Link https://soylentnews.org/
Feed Copyright Copyright 2014, SoylentNews
Reply 0 comments