{"id":126435,"date":"2024-11-16T08:16:57","date_gmt":"2024-11-16T01:16:57","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=126435"},"modified":"2024-11-16T08:16:57","modified_gmt":"2024-11-16T01:16:57","slug":"general-motors-lays-off-about-1000-workers","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=126435","title":{"rendered":"General Motors lays off about 1,000 workers"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>DETROIT (AP) \u2014 General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. <\/p>\n<p>The workers, mostly white collar, were notified about the decisions early Friday. The company confirmed the layoffs in a statement but gave few details.<\/p>\n<p>\u201cWe need to optimize for speed and excellence,\u201d the statement said. \u201cThis includes operating with efficiency, ensuring we have the right team structure and focusing on our top priorities.\u201d<\/p>\n<p>GM and other automakers have been navigating an uncertain transition to electric vehicles both in the U.S. and worldwide, trying to figure out where to invest capital and how fast the switch will happen.<\/p>\n<p>The company has had to develop and update gas-powered models while investing in EV battery and assembly plants as well as minerals and other parts for the next generation of electric vehicles.<\/p>\n<p>Through September, U.S. new EV sales are up 7.2% to about 936,000, according to <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"http:\/\/motorintelligence.com\/\" target=\"_blank\" rel=\"noopener\">Motorintelligence.com<\/a><\/span>. That\u2019s slower growth than the 47% increase in 2023. But EV sales this year are likely to surpass last year\u2019s record of 1.19 million, and the EV share of new vehicle sales this year is 7.9%, up from 7.6% last year.<\/p>\n<div data-module=\"\" data-module-trackunsubscribe=\"\" class=\"PageListEnhancementGeneric Enhancement\" data-align-center=\"\">\n<div class=\"Enhancement-item\">\n<p><bsp-list-loadmore data-module=\"\" class=\"PageListStandardB\" data-gtm-region=\"RELATED COVERAGE\" data-gtm-topic=\"No Value\" data-hide-dates=\"true\" data-parsely-url=\"https%3A%2F%2Fapi.parsely.com%2Fv2%2Frelated%3Fapikey%3Dapnews.com%26url%3Dhttps%3A%2F%2Fapnews.com%2Farticle%2Fgeneral-motors-layoffs-cost-cutting-5e2cc6f8a3210ea364d670a1902a7c65%26limit%3D9%26respect_empty_results%3D1%26sort%3D_score%26pub_date_start%3D2024-10-01%26exclude%3Dsection%3APress%20Releases%26exclude%3Dtags%3ACelebrity%20Birthdays\" data-parsely-title=\"Related Stories\" data-is-hub-peek=\"\" data-gtm-modulestyle=\"List B\"><\/p>\n<p>    <a class=\"AnchorLink\" id=\"more-section-display-name\"\/><\/p>\n<div class=\"PageList-items\" data-list-loadmore-items=\"\">\n<div class=\"PageList-items-item\">\n<div class=\"PagePromo\" data-gtm-region=\"GM\u2019s shares post biggest percentage gain in over 4 years as company reports $3 billion profit in 3Q\" data-gtm-topic=\"No Value\" data-align-top=\"\" data-mobile-alt-layout=\"true\" data-hide-dates=\"true\">\n<div class=\"PagePromo-media\" data-animate=\"fromBottom\"><a class=\"Link\" aria-label=\"GM\u2019s shares post biggest percentage gain in over 4 years as company reports $3 billion profit in 3Q\" href=\"https:\/\/apnews.com\/article\/general-motors-earnings-net-income-sales-ad00bcfda9d8e3792d77b9a9818eff2b\"><picture data-crop=\"imgEn-medium-3x2\"><source media=\"(min-width: 768px)\" type=\"image\/webp\" width=\"800\" height=\"533\" 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srcset=\"https:\/\/dims.apnews.com\/dims4\/default\/dac1d13\/2147483647\/strip\/true\/crop\/2250x1499+0+1\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F13%2F40%2F38ccdf8d824ce2396e8d4dd11144%2F8d2c2afffde047e090ee2b50dd1d9c99 1x,https:\/\/dims.apnews.com\/dims4\/default\/cd9c684\/2147483647\/strip\/true\/crop\/2250x1499+0+1\/resize\/1198x798!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F13%2F40%2F38ccdf8d824ce2396e8d4dd11144%2F8d2c2afffde047e090ee2b50dd1d9c99 2x\" width=\"599\" height=\"399\" src=\"https:\/\/dims.apnews.com\/dims4\/default\/dac1d13\/2147483647\/strip\/true\/crop\/2250x1499+0+1\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F13%2F40%2F38ccdf8d824ce2396e8d4dd11144%2F8d2c2afffde047e090ee2b50dd1d9c99\" loading=\"lazy\"\/><br \/>\n<\/source><\/source><\/source><\/source><\/source><\/source><\/picture>\n<\/a><\/div>\n<\/div><\/div>\n<div class=\"PageList-items-item\">\n<div class=\"PagePromo\" data-gtm-region=\"Stock market today: Wall Street barely budges as GM\u2019s best day in years offsets GE Aerospace tumble\" data-gtm-topic=\"No Value\" data-align-top=\"\" data-mobile-alt-layout=\"true\" data-hide-dates=\"true\">\n<div class=\"PagePromo-media\" data-animate=\"fromBottom\"><a class=\"Link\" aria-label=\"Stock market today: Wall Street barely budges as GM\u2019s best day in years offsets GE Aerospace tumble\" href=\"https:\/\/apnews.com\/article\/stocks-markets-china-earnings-rates-0323c07ea21f8a000c26b9c7f2a6cb64\"><picture data-crop=\"imgEn-medium-3x2\"><source media=\"(min-width: 768px)\" type=\"image\/webp\" width=\"800\" height=\"533\" srcset=\"https:\/\/dims.apnews.com\/dims4\/default\/18f0bb9\/2147483647\/strip\/true\/crop\/3874x2581+0+0\/resize\/800x533!\/format\/webp\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F03%2F96%2Fdd12e0e56680cc1b9ac29f6473a4%2F0457bdef2a284b6db01fd131c54591e9 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srcset=\"https:\/\/dims.apnews.com\/dims4\/default\/30db9e0\/2147483647\/strip\/true\/crop\/3874x2581+0+1\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F03%2F96%2Fdd12e0e56680cc1b9ac29f6473a4%2F0457bdef2a284b6db01fd131c54591e9 1x,https:\/\/dims.apnews.com\/dims4\/default\/d9a5a10\/2147483647\/strip\/true\/crop\/3874x2581+0+1\/resize\/1198x798!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F03%2F96%2Fdd12e0e56680cc1b9ac29f6473a4%2F0457bdef2a284b6db01fd131c54591e9 2x\"><img decoding=\"async\" class=\"Image\" alt=\"Image\" srcset=\"https:\/\/dims.apnews.com\/dims4\/default\/30db9e0\/2147483647\/strip\/true\/crop\/3874x2581+0+1\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F03%2F96%2Fdd12e0e56680cc1b9ac29f6473a4%2F0457bdef2a284b6db01fd131c54591e9 1x,https:\/\/dims.apnews.com\/dims4\/default\/d9a5a10\/2147483647\/strip\/true\/crop\/3874x2581+0+1\/resize\/1198x798!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F03%2F96%2Fdd12e0e56680cc1b9ac29f6473a4%2F0457bdef2a284b6db01fd131c54591e9 2x\" width=\"599\" height=\"399\" src=\"https:\/\/dims.apnews.com\/dims4\/default\/30db9e0\/2147483647\/strip\/true\/crop\/3874x2581+0+1\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F03%2F96%2Fdd12e0e56680cc1b9ac29f6473a4%2F0457bdef2a284b6db01fd131c54591e9\" loading=\"lazy\"\/><br \/>\n<\/source><\/source><\/source><\/source><\/source><\/source><\/picture>\n<\/a><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p><\/bsp-list-loadmore><\/p><\/div>\n<\/div>\n<p>GM has about 150,000 employees worldwide, with the largest group at its technical center in the Detroit suburb of Warren, Michigan. The company had 76,000 white-collar workers worldwide at the end of last year. <\/p>\n<p>Chief Financial Officer Paul Jacobson said last month that GM is on track to reach its goal of cutting $2 billion in fixed costs by the end of this year.<\/p>\n<p>Last April, about 5,000 GM white-collar workers at General Motors took the <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/general-motors-salaried-worker-buyout-cost-cuts-e479be59daf1b000ff9fbe79ce9baf3d\">company\u2019s buyout offers<\/a><\/span>, which the automaker said at the time was enough to avoid layoffs.<\/p>\n<p>The company offered buyouts to white-collar workers with at least five years of service, and global executives who have been with the company at least two years.<\/p>\n<p>At the time GM said it couldn\u2019t completely rule out layoffs in the future, saying that \u201cinvoluntary separations are not a consideration at this point.\u201d<\/p>\n<h2>____<\/h2>\n<p>This story has been corrected to say that GM had 76,000 white-collar workers at the end of last year. <\/p>\n<\/p><\/div>\n<p><script>\n  window.fbAsyncInit = function() {\n      FB.init({\n              appId : '870613919693099',\n          xfbml : true,\n          version : 'v2.9'\n      });\n  };\n  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/apnews.com\/article\/general-motors-layoffs-cost-cutting-5e2cc6f8a3210ea364d670a1902a7c65\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DETROIT (AP) \u2014 General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar, &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=126435\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-126435","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126435"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126435\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}