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General Motors Lays Off 1,000 Workers, Says Cost Cutting Needed to Remain Competitive
Breitbart ^ | 11/15/2024 | Simon Kent

Posted on 11/15/2024 7:19:21 AM PST by ChicagoConservative27

General Motors (GM) announced Friday it is is laying off some 1,000 workers worldwide, cutting costs as it tries to compete in a crowded global automobile market.

The GM workers impacted, mostly white collar, were told early in the morning as they prepared for the weekend. The company confirmed the layoffs in a statement but gave few details, AP reports.

The move comes on the back of a recent GM recall for 450,000 vehicles due to a fault in the braking system.

“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.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: automotive; competitive; cost; cutting; generalmotors; layoffs
Government motors sucks. Laying off lazy union employees
1 posted on 11/15/2024 7:19:21 AM PST by ChicagoConservative27
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To: ChicagoConservative27

“mostly white collar” workers are getting laid off.

So much for white privilege!


2 posted on 11/15/2024 7:21:09 AM PST by ProtectOurFreedom (Republicans are the party that says ‘Government doesn’t work.’ Then they get elected and prove it.)
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To: ChicagoConservative27

Geez. I hope they weren’t illegal aliens. They are already costing the taxpayers a fortune.


3 posted on 11/15/2024 7:23:56 AM PST by FlingWingFlyer (Jamaicans Haitians and Indians used to run motels and 7-11s. Now,they run Congress and the judiciary)
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To: ChicagoConservative27

Focusing so much of their efforts on EVs ended up being a losing proposition. GM is short for government motors and government is not efficient at anything. Their promise to be solely EV based by 2035 was/is a killer.


4 posted on 11/15/2024 7:30:01 AM PST by adorno (CCH)
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To: ChicagoConservative27

Go WOKE Go Broke !


5 posted on 11/15/2024 7:32:52 AM PST by Iron Munro (Sun Tzu: An evil man will burn his own nation to the ground to rule over the ashes)
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To: ProtectOurFreedom

Without giving too much away.

I have been in the middle of these types of headcount reductions.

It is brutal. It is senior leaderships fault though they take no responsibility.

It really comes down to the seat you’re in when the music stops.

You get a call and you are told your services are no longer required. You are to shut off your laptop. Any attempts to save or delete files or send emails will be investigated and prosecuted. You are told where to turn in your laptop with a deadline. Support services contacts are provided, but that’s it.

You are completely caught off guard. In the case of you being a breadwinner, your family has no income. You now have to ready your resume and enter a job market flooded with candidates for a handful of jobs.

The anxiety and stress of the situation is overwhelming.

Say a little prayer for these people. They were brutalized by the incompetence of senior leadership to steer the ship toward growth and success.


6 posted on 11/15/2024 7:34:38 AM PST by WeaslesRippedMyFlesh (I have zero tolerance and zero empathy for the left)
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To: ChicagoConservative27

The death throes continue thanks to Bidenomics ... hopefully we can hold on until the losers clear out of DC


7 posted on 11/15/2024 7:36:14 AM PST by antidemoncrat ( )
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To: ChicagoConservative27

Maybe just the fallout from the EV failure to launch situation?


8 posted on 11/15/2024 7:49:16 AM PST by SaxxonWoods (Black guy upon receiving a MAGA hat: "Murica!")
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To: WeaslesRippedMyFlesh
Signs that a RIF is coming...

1. Security guards issued with shotguns

2. Big pallet of cardboard boxes arrive at goods inward

3. All staff required to attend box assembly 101 class

4. Cafeteria goes to 9 to 5 operation instead of 24 hours.

5. Corporate office remains in Bay Area

6. Manufacturing goes to Texas/Arizona/New Mexico

Spokeshave who remained in the Bay Area with children in local schools.

9 posted on 11/15/2024 8:05:51 AM PST by spokeshave (Proud Boys, Angry Dads. Grumpy Grandads & Curmudgeons)
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To: ChicagoConservative27

I wonder how much more money the CEO of GM will receive because of this?


10 posted on 11/15/2024 10:01:43 AM PST by kawhill
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