GM (GM) Lays Off 500-600 IT Workers as Cost-Cutting Measures

Published on Β· Source: cnbc.com

GM (GM) Lays Off 500-600 IT Workers as Cost-Cutting Measures

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Summarized by AI from the source below

General Motors (GM) is laying off approximately 500 to 600 salaried IT employees as part of its workforce reevaluation and cost-cutting strategy. The layoffs began on Monday and primarily affect locations in Austin, Texas, and Warren, Michigan. Despite these reductions, GM reported having 82 open IT positions that include roles focused on artificial intelligence and autonomous vehicles. The company employs about 68,000 salaried workers, with 47,000 in the U.S. This action follows a previous layoff of over 200 CAD engineers in October due to business conditions.

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