GM executive: ‘We’ve thought about the individual’ amid 4,000+ layoffs this week
This week, the carmaker will terminate nearly 15,000 jobs by year-end as it shifts its business model to focus on electric and self-driving vehicles.
General Motors says it’s working to “treat our employees with the highest respect” as it slashes thousands of jobs.
On Monday, the company began handing out pink slips to salaried staffers. Nearly 4,300 employees will receive termination notices this week.
The layoffs are part of a cost-cutting plan that General Motors announced in November. By the end of 2019, the carmaker said its ending production at five plants in North America and cutting 14,700 jobs.
Two people briefed on the cuts said GM is cutting hundreds of jobs at its information technology centres in Texas, Georgia, Arizona and Michigan and more than 1,000 jobs at its Warren, Michigan Tech Center. GM is filing new required mass layoff notices with state agencies and disclosed the cuts to lawmakers.
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Tags: General Motors, GM
