General Motors to cut over 1,300 jobs at two plants in Michigan

Updated : Dec 15, 2023 15:43
|
Editorji News Desk

General Motors Layoffs 2023: General Motors co is cutting more than 1,300 hourly jobs in two plants in U.S' Michigan. This comes less than a month after a new labor contract was ratified by its unionized workforce. The new labour contract approved wage hike for the employees

General Motors (GM) layoffs

As per a regulatory filing, the automaker is laying off 945 employees in a plant at Lake Orion, Michigan outside Detroit and 369 workers in Lansing Michigan. The staff reduction will be effective from Jan 1.

Also Read: Third Wave Coffee axes over 120 employees after $35 million funding round

The Lake Orion plant manufactures the Chevy Bolt electric car. As per Bloomberg, the plant will cease production of the electric car at the end of the year. The plans to build electric pickups there until 2025, one year later than it had initially projected. The Lansing factory produces the Cadillac CT4 and CT5 models, as well as the Chevrolet Camaro sports sedan. General Motors has said that it will stop making this sedan next month.

Layoffs

Recommended For You

editorji | Business

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

editorji | Business

Reliance completes merger of Star Television Productions with Jiostar

editorji | Business

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

editorji | Business

Nifty hits record high after 14 months; Sensex nears all-time peak

editorji | Business

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions