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General Motors continues to thin its ranks under a new evaluation program that looks to let go of poor-performing salaried workers, according to two sources familiar with the company's plans.
Play the USA TODAY Daily Crossword Puzzle. In the aftermath of those cuts, some white-collar employees said they feel betrayed by top leaders because GM CFO Paul Jacobson promised Wall Street in ...
A person familiar with the plans said the job cuts would affect a few hundred employees. GM has 58,000 salaried US-based staff and 46,000 US unionized hourly workers, making up the majority of its ...
Marick Masters, a business professor at Wayne State University, said more job cuts can be expected across GM’s workforce as the company funds its transition to all electric vehicles. That could ...
This was the second round of job cuts within a matter of months. In August, GM eliminated nearly 1,500 from its software division globally. Now GM and other automakers face the likelihood of Trump ...
The latest GM job cuts span its global facilities across multiple departments, said a person familiar with the situation who asked to not be identified because they are not authorized to share ...
The job cuts are not about cost cutting or individual performance, GM spokesperson Stuart Fowle told TechCrunch. Rather, they are meant to help the company move more quickly as it tries to compete ...
Slow electric vehicle (EV) sales were supposed to mean job cuts, as U.S. car companies have not entered the market successfully. However, General Motors Co. (NYSE: GM) will temporarily cut ...
One of them said it is likely more people will be fired through the end of February as managers continue to evaluate worker performance as part of a new system GM unveiled last year, but no figure ...
Its Tennessee operations appear to be unaffected, but company officials declined to confirm whether Spring Hill workers were hit by the job cuts. GM's Spring Hill Manufacturing plant builds the ...
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