General Motors slashes another 1,000 jobs to cut costs
GMGM(GM) TechCrunch·2024-11-16 00:20

In Brief 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, but declined to specify what teams were affected. A significant majority of the layoffs were salaried employees. “In order to win in this competitive market, we need to optimize for speed and excellence. This includes operating with efficiency, ensuring we have the ...