Search results
Results from the WOW.Com Content Network
General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market November 15, 2024 at 5:53 AM FILE - The Chevrolet logo is seen at a new and used vehicles ...
General Motors' announcement said it will lay off a total of 1,314 employees at two factories. GM also filed a WARN notice Thursday that said it will cut 945 jobs starting Jan. 1 at its Orion ...
General Motors said Wednesday it idled a manufacturing plant in Kansas, and laid off almost all of the approximately 2,000 people working there. ... and another 300 layoffs in Indiana could soon ...
Roger & Me is a 1989 American documentary film written, produced, directed by, and starring Michael Moore, in his directorial debut.Moore portrays the regional economic impact of General Motors CEO Roger Smith's action of closing several auto plants in his hometown of Flint, Michigan, reducing GM's employees in that area from 80,000 in 1978 to about 50,000 in 1992.
On February 18, 2009, General Motors and Chrysler again approached the U.S. government, in regard to obtaining a second bridging loan of $21.6 billion (£15.2 billion). $16.6 billion of this would go to General Motors, while Chrysler would take $5 billion. General Motors agreed to shed 47,000 jobs, close five plants, and axe 12 car models.
Prepare for significant layoffs In the United States, 15.9 new vehicles were sold in 2024. If tariffs erode those sales by about 2 million vehicles, Abuelsamid would expect to see 15% to 20% of ...
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also ...
General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of ...