General Motors slashes over 1000 jobs; here's why

Updated : Aug 20, 2024 15:56
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Editorji News Desk

Auto giant, General Motors is hitting the brakes on part of its workforce.

The Michigan-based company announced that it's cutting over 1,000 salaried positions as it shifts its gears towards new technology investments.

This includes a substantial reduction of 600 jobs at GM's tech campus near Detroit.

At the close of 2023, GM had a strong workforce of 87,000 hourly and 76,000 salaried employees.

But as the industry evolves from traditional manufacturing to software-driven solutions, these layoffs signal the broader challenges automakers face in navigating this transformation.

General Motors

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