GM lays off 500-600 salaried IT workers to cut costs
CNBC • • general
Key Points:
- General Motors is laying off 500 to 600 salaried employees in its information technology operations as part of a global workforce reevaluation and cost-cutting effort, primarily affecting staff in Austin, Texas, and Warren, Michigan.
- The cuts are part of GM's transformation of its IT organization to better position the company for the future, with the automaker expressing gratitude to affected employees and committing support during the transition.
- GM employs about 68,000 salaried workers globally, including 47,000 white-collar employees in the U.S., and despite the layoffs, the company continues to hire IT professionals for roles in areas like artificial intelligence, motorsports, and autonomous vehicles.
- The layoffs were confirmed by GM but specific details were not disclosed, and the reductions began on Monday.