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GM plans to cut more than 14,000 jobs, close factories as downturn looms

GM plans to cut more than 14,000 jobs, close factories as downturn looms

First came the voluntary buyouts. Now, GM is ramping up its belt-tightening measures with cuts to factory and white-collar workers, plant closures in North America and the elimination of several car models as it tries to transform into a nimble company focused on high-margin SUVs, crossovers and trucks and investments in future products like electric and autonomous vehicles.

https://techcrunch.com/2018/11/26/gm-plans-to-cut-more-than-14000-jobs-close-factories-as-downturn-looms/

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