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GM laying off nearly 1,000 workers, most in US, source says

2024.11.15 09:17

(Reuters) – General Motors (NYSE:) is laying off nearly 1,000 workers worldwide, most in the U.S., as it looks to streamline operations, a source told Reuters on Friday.

© Reuters. Employees walk at the factory, during the opening of automaker General Motors (GM) Brightdrop unit's CAMI EV Assembly, Canada's first full-scale electric vehicle manufacturing plant, in Ingersoll, Ontario, Canada December 5, 2022.  REUTERS/Carlos Osorio/File Photo

GM confirmed in a statement it had made job cuts.

“In order to win in this competitive market, we need to optimize for speed and excellence,” the Detroit automaker said. “As part of this continuous effort, we’ve made a small number of team reductions.”



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