General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market

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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 are mostly salaried but some blue-collar workers were affected. They were told of the moves early Friday. The company confirmed the layoffs in a statement but gave few details.

Una Chevrolet Silverado 2500 HD Custom modelo 2024 exhibida en el Pittsburgh International Auto Show, en Pittsburgh, el 15 de febrero de 2024. DETROIT — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.

“We need to optimize for speed and excellence,” the statement said. “This includes operating with efficiency, ensuring we have the right team structure and focusing on our top priorities.”

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