General Motors slashes another 1,000 jobs to cut costs
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General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting strategy, following a previous reduction of 1,000 software jobs three months ago.
November 15, 2024 | 4:30 pm
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General Motors is laying off nearly 1,000 workers in the U.S. to reduce costs, following a previous cut of 1,000 software jobs three months ago.
The layoffs are part of GM's ongoing cost-cutting measures, which could improve profitability and investor sentiment in the short term. This is the second round of layoffs in three months, indicating a strong focus on reducing expenses.
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