Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 16 submissions in the queue.
posted by janrinok on Wednesday August 21, @07:06PM   Printer-friendly
from the EVs-are-the-future! dept.

A major American auto manufacturer reportedly laid off about 1,000 of its employees on Monday, including about 600 workers based in the U.S. in a bid to streamline current operations:

General Motors (GM) is making cuts in its software and services business, which was recently put under the command of two former Apple executives in a partial retreat from a hiring spree over the last several years, according to The Wall Street Journal. Monday's layoffs stand as the most recent job cuts at GM, which reached buyout agreements with approximately 5,000 salaried employees in 2023 as part of a cost-cutting effort and got rid of several hundred executive positions in February of that year, according to Reuters.

[...] The layoffs are not related to a specific cost-reduction initiative but are instead a result of the company leadership's review of the business and an effort to find more opportunities for efficiency, a GM spokesperson told the DCNF [Daily Caller News Foundataion]. Monday's job cuts followed a decision by the two new GM executives from Apple, Baris Cetinok and Dave Richardson, to streamline the service and software business, sources familiar with the matter told the WSJ.

The spokesperson could not comment as to how many jobs were affected by Monday's actions but said that around 600 jobs would be affected at the company's global technical center in Warren, Michigan.

Previously: GM to Slash 1500 Jobs at Lordstown, Ohio Plant

Related: Tesla Lays Off 'More Than 10%' of its Global Workforce


Original Submission

 
This discussion was created by janrinok (52) for logged-in users only, but now has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by JoeMerchant on Wednesday August 21, @08:09PM (1 child)

    by JoeMerchant (3937) on Wednesday August 21, @08:09PM (#1369542)

    Square mile is 640 acres, so one commuter car per acre, roughly...

    --
    🌻🌻 [google.com]
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 2, Interesting) by Anonymous Coward on Wednesday August 21, @09:20PM

    by Anonymous Coward on Wednesday August 21, @09:20PM (#1369545)

    The GM way is to hire and fire, and pay well while you are hired.

    Culture at Ford is a little different, less likely to hire people when they need them (so staff is overworked when it's busy) but if you do get in then less likely to fire you when the business has a downturn. Ford traditionally pays a little less, but does have this tradition of "somewhat more" job security.