GM to Lay Off Nearly 1,000 Workers Globally Amid Restructuring Efforts

Reported 8 days ago

General Motors is set to lay off nearly 1,000 workers globally, primarily in the U.S., as part of a strategy to streamline operations and reduce costs while focusing on electric vehicles and software development. The automaker aims to cut $2 billion to $4 billion in losses related to EVs in the upcoming year, following previous layoffs in its software division and a manufacturing plant.

Source: YAHOO

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