GM cuts more than 14,000 North American jobs in 2018 restructuring
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
General Motors Company is facing significant backlash from bipartisan leaders due to its recent announcement of 14,800 job cuts. This decision comes as the company aims to streamline operations and reduce costs amidst challenging market conditions. The layoffs are expected to impact various sectors within the company, although specific departments and locations have not been detailed. The cuts reflect GM's ongoing efforts to adapt to changing industry dynamics and economic pressures. The announcement has sparked discussions about the future of the automotive workforce and the company's strategic direction.
General Motors Company cut 14,800 jobs as of November 26, 2018.
That is roughly 9.1% of the 163,000 people General Motors Company employs.
LayoffTalk has tracked 30 layoff events at General Motors Company since November 2018, including 325 jobs documented in official WARN filings, with 29 additional events known from news reporting.
Comments (0)
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Affected by this?
Share your story anonymously — it helps others reading this feel less alone.
Share your story →More layoffs at General Motors Company
Recent tracked events at this company.