GM set to begin 4,000 white collar layoffs on Monday

Gladys Abbott
February 4, 2019

"We are not confirming timing", General Motors told The Detroit News in a statement.

The automaker is expected to start its next round of white-collar job cuts Monday, but the carmaker apparently has fewer staff reductions left to make than has been anticipated.

Michigan - Warren Transmission: Produces 6-speed transmissions for vehicles across GM's brands, as well as drive units for several electrified vehicles.

GM announced the layoffs in November at the same time it also revealed it also would close four of its plants in the United States and a fifth plant in Canada.

"This is about making sure that GM is lean and agile", CEO Mary Barra said in announcing the cuts November 26. And he claimed GM would soon announce steps that could counteract the effect of the plant closures, though what those actions are remain unclear. President Donald Trump plans to deliver the annual State of the Union address a day earlier on Tuesday.

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Overall, Trump is presiding over a strong American economy.

Beyond the salaried workers who face job cuts, another 6,000 hourly workers at the five plants could still find their positions in jeopardy because of the restructuring.

The company had about 2,300 salaried staff accept voluntary buyout packages that were offered to 18,000 employees. Originally reported by The Detroit News, the report comes nine weeks after GM made a decision to halt production at five North American plants and began negotiations with the United Automobile Workers union.

That leaves the remainder of the 8,000 planned job cuts to be accomplished with the involuntary layoffs.

GM is scheduled to release its fourth-quarter earnings on Wednesday.

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