GM moving ahead with salaried job cuts, says modest number in Canada

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GM hasn't said exactly when the other 2,000 salaried and contract jobs will be cut, although it will happen sometime this month.

Prior to announcing its workforce reduction plans, however, it offered a voluntary buyout to more than 17,000 employees with more than 12 years of experience.

General Motors Company (GM) today will begin firing 4,000 salaried employees in Canada and the United States as it copes with falling demand for combustion engine cars while transitioning to electric vehicles (EVs). Most work on components for internal combustion engines and discontinued auto models.

GM, as part of its statement Monday, reiterated the reasoning and timing of the cuts: "These actions are necessary to secure the future of the company, including preserving thousands of jobs in the US and globally".


Industry trade journal Automotive News learned the lay-offs are part of an on-going restructuring effort envisioned as a way to make GM a leaner, more efficient, and more profitable company.

GM cut about 1,500 contract workers in December and said at that time that about 2,300 salaried workers had accepted buyouts, officials said.

Media reports estimated the total job cuts of salaried staff and union workers at about 14,000, including about 6,000 union workers. Last week the company laid off three senior people in its Washington office.

When GM CEO Mary Barra made the announcement, she met with legislators on Capitol Hill about why her company planned to close four American plants.


GM said in November it would end U.S. and Canadian production of the Chevrolet Cruze, Volt, Impala, the Buick LaCrosse and the Cadillac XTS and CT6 sedans.

But the automaker has taken serious heat for the plant closings and job cuts, with Barra facing days of critical meetings on Capitol Hill, as well as excoriating tweets from President Donald Trump.

GM said some 2,250 workers accepted severance agreements by November 19.


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