GM laying off nearly 1,000 workers, most in US, source says
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General Motors is laying off nearly 1,000 workers globally, with most of the layoffs occurring in the U.S., as part of efforts to streamline operations.
November 15, 2024 | 2:00 pm
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General Motors is laying off nearly 1,000 workers, primarily in the U.S., to streamline operations.
The layoffs are part of GM's efforts to streamline operations, which could lead to cost savings. However, the impact on the stock price is uncertain as layoffs can also have negative connotations regarding company performance.
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