General Motors (GM) announced Friday it is is laying off some 1,000 workers worldwide, cutting costs as it tries to compete in a crowded global automobile market.
Salaried and hourly employees are among the roughly 1,000 layoffs announced by General Motors Friday, the majority of which affect the company's Global Technical Center in Warren, Mich.
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision.
GM and other automakers are cutting costs to compete in crowded market while navigating an uncertain transition to electric vehicles in the U.S. and worldwide.
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GM lays off 1,000 employees amid reorganization, cost-cutting | Since Then
