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General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar, were notified about the ...
Big changes to the global EV market are taking a toll on car companies like Ford and GM. ... Detroit car giant General Motors laid off about 2,000 workers in two rounds of layoffs in August and ...
CEO Elon Musk told employees in a memo in April that the company would cut more than 10% of its global workforce, which totaled 140,473 employees at the end of 2023.
The labor union United Auto Workers (UAW) represents approximately 145,000 automobile workers employed at Ford Motor Company, General Motors, and Stellantis. [14] To achieve its goals, UAW has engaged in strike action; from November 1945 to March 1946, UAW went on strike against General Motors.
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The company's founder, Ray Dalio, said in a 2019 interview that about 30% of new employees were leaving the firm within 18 months. The Washington Post is cutting 4% of its non-newsroom workforce.
Companies are already reacting to the uncertainty of the economy. "There's been an uptick in tech company layoffs in recent months. And hiring has slowed amid economic downturn predictions," said CBS.
General Motors will lay off about 1,300 workers from two of its Michigan plants, according to WARN notices the company has filed with state regulators. General Motors to cut 1,300 workers across ...