General Motors laid off about 1,000 employees on Friday, aiming to reduce costs and adapt to changing market conditions. Impacted workers were notified via email that morning.
The layoffs affected underperforming employees and those impacted by restructuring. Most were salaried workers, including staff at GM’s global technical center in Warren, Michigan. The United Auto Workers union reported around 50 of its members were also included.
This move is part of GM’s broader plan to cut $2 billion in fixed costs in 2024. The company is facing slowing U.S. sales, challenges in China, and slower-than-expected adoption of electric vehicles.
A GM spokesperson said the company is optimizing for efficiency and focusing on top priorities to stay competitive, expressing gratitude to those affected for their contributions. However, UAW Vice President Mike Booth criticized the layoffs, accusing GM of cutting jobs despite record profits and promising to defend the union members.