GM expected to start cutting 4,000 jobs

GM expected to start cutting 4,000 jobs

GM expected to start cutting 4,000 jobs

Numerous layoffs announced Monday will happen at GM's technical centre near Detroit.

The company had about 2,300 salaried staff accept voluntary buyout packages that were offered to 18,000 employees.

According to reports from Automotive News, The Detroit News, and CNN, General Motors plans to begin laying off more than 4,000 salaried workers starting Monday morning.

Italy skipper Parisse breaks Six Nations appearance record
Laidlaw missed the conversion, but the captain made amends when Kinghorn crossed for a second try on the 20-minute mark. Palazzani, Padovani and finally Esposito all exploited lax defending to apply a belated Italy gloss to the scoreline.

GM has a broader plan that will see three North American assembly plants and two component factories close by the end of 2019.

Through cuts to salaried contract workers and voluntary buyouts a year ago, the company was almost halfway to that total prior to the internal layoffs. But 2,700 USA workers will be offered jobs at other factories.

Employee ratings for GM's Business Outlook - what current- and former- employeesthink about the company's future over the next six months - and Recommendation ranking are in a freefall as layoffs take place. The decision also involves reducing the number of executives by 25 percent in a bid to streamline the decision-making process.

Korean Diplomats Meet ahead of Trump-Kim Summit
Pyongyang has repeatedly urged a lifting of punishing US -led sanctions, a formal end to the war, and security guarantees. But the tough sanctions have limited the range of joint activities the two Koreas can undertake.

President Donald Trump and U.S. and Canadian lawmakers have blasted GM's plans to end production at plants in Ontario, Michigan, Ohio and Maryland. GM said in November it would end USA and Canadian production of the Chevrolet Cruze, Volt, Impala, the Buick LaCrosse and the Cadillac XTS and CT6 sedans.

But GM chief executive officer Mary Barra wrote last week: "We are more convinced than ever that our strategy is sound and in the long term".

The president said he was "very tough" on Barra in a phone call after the company announced the closures, and referred to the federal auto bailout money the company received in 2008.

Ocasio-Cortez's SOTU Guest: Jeff Flake's Elevator Protester
Still, Flake ultimately voted to confirm Kavanaugh, who was sworn in as a Supreme Court justice on October 6. He ultimately was confirmed 50-48, with the final tally breaking nearly entirely along party lines.

In January, Comprehensive Logistics said it would cease operations at its facility in Lordstown that provides logistics and warehousing, a move that impacts about 180 jobs.

Related news