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.
General Motors lays off about 1,000 workers in latest cost-cutting effort
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 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 laying off nearly 1,000 workers worldwide, most in US
The layoffs come as car company is trying to reposition itself as a leader in electric vehicles and software, which are both costly. GM is aiming to cut $2 bn to $4 bn in losses on EVs next year
General Motors Lays Off Approximately 1,000 Workers to Enhance Cost Efficiency in Automobile Sector
General Motors announces layoffs of about 1,000 workers globally as part of its cost-cutting strategy to remain competitive in the automobile market.
General Motors lays off about 1,000 workers to cut costs 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.
General Motors to cut 1,000 jobs
The workers, mostly white collar, were notified about the decisions early Friday. The company confirmed the layoffs in a statement but gave few details.
General Motors cuts 1,000 jobs as focus shifts to electric vehicle growth
General Motors (GM), an American automaker, has announced plans to lay off around 1,000 employees worldwide, primarily in office positions. The company is grappling with challenges related to the shift towards electric vehicles and increasing competition in the global automotive market.
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