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

General Motors Layoffs : General Motors slashes over 1000 jobs; here's why

General Motors slashes over 1000 jobs; here's why

General Motors Layoffs 2024: The Michigan-based company announced that it's cutting over 1,000 salaried positions as it shifts its gears towards new technology investments

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.

Beware your battery may catch fire, this is the big concern for GM as it recalls over 73,000 Bolt EVs&nbsp;in the United States for a cost of over 1 billion dollars.&nbsp;&ldquo;All Chevrolet Bolt electric vehicles are now recalled due to the risk of the high-voltage battery pack catching fire,&rdquo; the company said as it issued a statement advising customers to park their Bolt EVs&nbsp;outside and away from buildings, as well as instructing them not to charge the vehicles overnightThis is not the first recall for the EV maker a similar action was taken last month when it discovered a defect in the battery that powers the electric vehicle.&nbsp;This adds to the list of problems EV makers are having as the rage for the sustainable rides starts to be questioned. Elon&nbsp;Musk's Tesla is also currently under investigation for the Autopilot system's inability to identify emergency vehicles and crashing into them repeatedly.&nbsp;

EV batteries catching fire, GM's billion dollar recall in the United States

GM faces a billion dollar recall as EV battery faces risk of catching fire

Billion dollar Bolt recall for GM

The recall now covers the car&rsquo;s entire output, beginning with the 2017 version. The latest move, to add three model years, raises costs by $1 billion.

Beware your battery may catch fire, this is the big concern for GM as it recalls over 73,000 Bolt EVs&nbsp;in the United States for a cost of over 1 billion dollars.&nbsp; &ldquo;All Chevrolet Bolt electric vehicles are now recalled due to the risk of the high-voltage battery pack catching fire,&rdquo; the company said as it issued a statement advising customers to park their Bolt EVs&nbsp;outside and away from buildings, as well as instructing them not to charge the vehicles overnight This is not the first recall for the EV maker a similar action was taken last month when it discovered a defect in the battery that powers the electric vehicle.&nbsp; This adds to the list of problems EV makers are having as the rage for the sustainable rides starts to be questioned. Elon&nbsp;Musk's Tesla is also currently under investigation for the Autopilot system's inability to identify emergency vehicles and crashing into them repeatedly.&nbsp;

General Motors’ autonomous-car division, Cruise Automation is planning to double its team by the end of 2019. According to Reuters, General Motors wants to launch its own robo-taxi service by the end of the year and the team expansion strategy fits in nicely with that goal. GM is competing with likes of Waymo and Nissan to bring self-driving taxis to the masses.

general motors

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