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

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Business News

United States United States Latest News,United States United States Headlines

General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.

Friday Finds: SA content creator unites all foodies to give back to the community this holiday season

SA CORE and S.M.A.R.T. ride unmarked for a reason. The units want to approach people in San Antonio in a nonthreatening way to meet them where they are.Marked or unmarked: How mental health crisis response teams roll out in San Antonio, Bexar CountyGrab the jacket - Friday morning should be the coolest yet this seasonUna Chevrolet Silverado 2500 HD Custom modelo 2024 exhibida en el Pittsburgh International Auto Show, en Pittsburgh, el 15 de febrero de 2024.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 442. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile marketGeneral Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Source: wjxt4 - 🏆 246. / 63 Read more »

General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile marketGeneral 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.
Source: AP - 🏆 728. / 51 Read more »

Earnings playbook: More than 100 companies are slated to report this week, including General MotorsMore than 100 S&P 500 companies are slated to post third-quarter earnings. Among them are Tesla, General Motors and Boeing.
Source: CNBC - 🏆 12. / 72 Read more »

Next week: IMF global economic outlook, General Motors earnings, US existing home salesOn Tuesday, the International Monetary Fund issues its semi-annual World Economic Outlook and General Motors reports its third-quarter financial results. On Wednesday, the National Association of Realtors reports on sales of existing homes in September.
Source: AP - 🏆 728. / 51 Read more »