GM lays off 1,000 employees amid reorganization, cost-cutting
GM(GM) CNBC·2024-11-15 22:13
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision.The layoffs, which were announced Friday morning to those impacted, were across the business. Some were due to poor performance, while others were part of a review to reorganize priorities by the automa ...