Gm Is Laying Off 14,700 Workers As It Looks To Cut Costs Amid Restructuring

(DETROIT) — General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off.

Topics:  general motors   united auto workers   plants   detroit   ohio   ontario   warren   michigan   baltimore   chevrolet   buick   cadillac   gmc   ceo mary barra   gm s north american   u.s some u.s   detroit   north america   u.s    canada   suv   gm    barra   barra   gm s   suvs   cut costs   billion   company   year   vehicles   factories   autonomous   electric   lose   white-collar   cars   buyouts   jobs   closure   cuts   spending   includes   part   build   reduction   capital   affected   factory   truck   including   transfer   reductions   trucks   quarter   strong   charges   
BING NEWS:
  • How To Cut Costs Without Laying Off Employees
    When businesses rush to cut costs, they often start with layoffs. It’s the fastest, most visible way to reduce expenses. But layoffs come with hidden costs: • Lost Expertise: The people you lose often ...
    12/25/2024 - 10:45 pm | View Link
  • Job losses mount up as rising costs, falling demand put pressure on the agriculture sector
    The impact of rising costs has rippled across the entire agricultural. Farmers struggling with higher input costs and reduced income from lower crop yields and milk prices have had to cut corners, ...
    12/22/2024 - 9:10 pm | View Link
  • VW wage deal for 120,000 German workers avoids layoffs, plant closures
    FRANKFURT, Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through ...
    12/20/2024 - 6:58 am | View Link
  • GM Cuts Another 1,000 Jobs in Scramble to Reduce EV Costs
    some hourly workers were let go as well. According to The Detroit News, the majority of the jobs cut were at the company’s Global Tech Center in Warren, Michigan. Get the latest car news ...
    11/15/2024 - 6:08 am | View Link
  • GM Cuts Another 1,000 Jobs in Scramble to Reduce EV Costs
    Get the latest car news, reviews, and features.
    11/14/2024 - 11:00 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News