GM Announces Layoff of Over 1,000 Software and Services Employees

Reported about 2 months ago

General Motors confirmed that it will lay off more than 1,000 salaried employees from its software and service units globally, with approximately 600 positions affected at its tech campus near Detroit. The layoffs, attributed to a strategic review of operations rather than cost-cutting measures, follow the departure of Mike Abbott, the executive vice president of software and services, who left for health reasons. The company had previously implemented buyouts for around 5,000 salaried workers as part of its broader cost-cutting efforts.

Source: YAHOO

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