General Motors is cutting an unspecified number of white-collar jobs globally, part of its announced efforts to slash costs to remain competitive in the shift to electric vehicles.
“We are looking at all the ways of addressing efficiency and performance,” said Arden Hoffman, the company’s chief people officer, in a message to staff Tuesday. “This week we are taking action with a relatively small number of global executives and classified employees following our most recent performance calibration. They will be departing the company starting from today.” A person familiar with the plans said the job cuts would affect a few hundred employees.
Stellantis, which makes Chrysler, Dodge, Jeep and Ram vehicles, has indefinitely idled its Belvidere assembly plant as of Tuesday, where it built the Jeep Cherokee compact SUV. The closing plans were announced just before Christmas. It most recently had 1,200 workers on a single shift at the plant.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
General Motors expects to lay off 500 salaried employeesGM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.
Weiterlesen »
General Motors cuts 500 salaried employeesGM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.
Weiterlesen »
Takeaways from Attorney General Merrick Garland's Senate Judiciary Committee hearing | CNN PoliticsAttorney General Merrick Garland is appearing before a Senate committee on Wednesday, where he's facing questions on everything from the two recently appointed special counsels to the sale of deadly drugs and internal Justice Department legal stances.
Weiterlesen »
Chicago Mayor Lori Lightfoot will lose reelection bid, CNN projects, as crime concerns grow | CNN PoliticsChicago Mayor Lori Lightfoot lost her bid for a second term Tuesday, failing to make a top-two runoff in the latest demonstration of growing concerns about crime in one of the nation's largest cities.
Weiterlesen »
Consumer confidence slumped in February amid recession concerns | CNN BusinessAmerican consumers felt much worse about the US economy in February amid rising interest rates and concerns about a potential recession, according to the latest survey data released Tuesday by the Conference Board.
Weiterlesen »
UK grocery price inflation hits record high as more stores impose rationing | CNN BusinessA measure of UK grocery price inflation soared to a record high this month — that's more bad news for consumers already facing a shortage of fruit and vegetables that has led to rationing at major supermarkets.
Weiterlesen »