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On Nov. 15, GM cut another 1,000 jobs, including 507 jobs at the GM Tech Center based on information provided to the state.“ There’s still a large money-losing EV business and threats like ...
GM declined to disclose the entire number of layoffs, but a source familiar with the action confirmed more than 1,000 salaried employees would be laid off, including 600 in Warren, Michigan ...
GM notified about 1,000 employees, most in metro Detroit, that they were being let go early Friday. GM cuts 1,000 jobs globally, mostly salaried but some hourly, in move to gain efficiency Skip to ...
The new General Motors was named General Motors Company LLC, a separate and independent entity from the old corporation. The new company retained four of its major brands: Chevrolet, Cadillac, GMC, and Buick. It planned to keep 3,600 out of 6,000 of its US dealerships.
If General Motors is having any problems, it’s in its nonunion operations in China, where it lost $137 million in the quarter, compared to the $192 million profit it made there a year earlier.
The 2019 General Motors strike began September 15, 2019, with the walkout of 48,000 United Automobile Workers from some 50 plants in the United States. Demands by workers included increased job security , gateway for temporary workers to become permanent, better pay and retaining healthcare benefits.
$16.6 billion of this would go to General Motors, while Chrysler would take $5 billion. General Motors agreed to shed 47,000 jobs, close five plants, and axe 12 car models. Chrysler agreed to cut 3,000 jobs, cut one shift from production, and axe three car models. [83] General Motors was also looking to sell its Swedish subsidiary, Saab.
General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural costs over the next two years, according to a ...