GM to Lay Off 4,250 Salaried Workers Starting Monday
By Scott McDonald
General Motors Co. will lay off approximately 4,250 salaried workers over the next several weeks in a workforce reduction plan starting Monday. The layoffs are part of an overall process that also idling five plants and saving $2.5 billion in 2019 and saving a total of $6 billion by 2020.
In all, GM will cut about 8,0009 jobs, which includes salaried and contract workers. The company also has plans to trim its international executive workforce by 25 percent.
GM didn’t say which departments would get cut first, nor did it say in which order the cuts would happen. The plants expected to close in the next few weeks are Detroit-Hamtramck Assembly, Warren Transmission, Baltimore Operations and the Lordstown Assembly plant in Ohio.
https://www.newsweek.com/gm-lay-4250-salaried-workers-starting-monday-1315612The Big Three are shrinking fast.