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.
Jan Griffiths, an automotive industry expert and founder of Gravitas Detroit, a company that works with the auto industry on ...
The move comes after the firm reduced its electric-vehicle production and adopted a new salaried employee ranking system to ...
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General Motors announces global layoffs amid electric vehicle shiftThe American automotive company General Motors (GM) has announced plans to lay off around a thousand employees worldwide, ...
General Motors (NYSE:GM) is reportedly eliminating 1,000 salaried jobs to create additional cost efficiencies and ...
General Motors (GM) laid off approximately 1,000 employees on Friday as part of a broader effort to reduce costs and realign ...
General Motors’ robot car unit Cruise will pay $500,000 to resolve criminal charges from the DOJ for falsifying a federal ...
GM and Reliant claim the energy for nighttime EV charging will be powered by renewable sources through the purchase of ...
Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...
GM is proving it’s a standout among automakers this year as it continues to consistently outperforms Wall Street’s earnings ...
The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice ...
General Motors cut a total of about 1,000 salaried and hourly employees early Friday morning as part of the new salaried ...
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