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GM is laying off hundreds of employees from product development

General Motors (GM) cuts several hundred full-time contract positions, primarily from its Detroit product development.GM’s product-development group, employs thousands of engineers, designers and other salaried workers who develop future vehicle models. The cuts aim to reduce costs amid uncertainty in the car market.Last month, about 5,000 GM salaried U.S. workers took voluntary buyouts, costing the company roughly $1 billion.Despite economic concerns, GM's business remains strong, with customer... Read More

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Laying

Hundreds

Employees

From

Product

Development

Forex

Posted: May 1 2023, 14:44

Author Name: forexlive

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