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The majority of the 1,000 jobs cut in November were white-collar, but the United Auto Workers union reported that about 50 of its members were also affected. ... Prior to the November job cuts, GM ...
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 ...
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 ...
June 19, 2009: Deadline for filing all objections to the sale of General Motors. June 22, 2009: Deadline for making competing bids in the auction of General Motors' assets. June 25, 2009: Final hearing on the bankruptcy loan. July 10, 2009: Deadline for completion of the sale, requested by the U.S. Treasury and General Motors. [9] [10]
On February 18, 2009, General Motors and Chrysler again approached the U.S. government, in regard to obtaining a second bridging loan of $21.6 billion (£15.2 billion). $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.
On April 13, 2018, GM announced that the second shift would be cut, eliminating up to 1,500 jobs. The cuts were related to declining sales of the Cruze (and compact cars in general) in favor of SUVs and crossovers, including GM's own GMC Terrain and Chevrolet Equinox, [original research?] both of which are loosely related to the Cruze and get ...
GM cuts 1,000 jobs globally, mostly salaried but some hourly, in move to gain efficiency. Gannett. ... This popular vitamin C serum is on sale for just $10: '60 is the new 40' AOL.
General Motors is laying off more than 1,000 salaried employees globally in its software and ... including roughly 600 jobs at GM’s tech campus ... The cuts come as automakers attempt to reduce ...