GM to cut 14K jobs, shutter plants
General Motors will lay off up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles, the automaker said Monday.
The reductions could amount to as much as 8 percent of GM’s global workforce of 180,000 employees.
The move, which follows job reductions by Ford Motor Company, further pares the work force in a sector that President Donald Trump had promised to bolster.
GM will cut more than 14,000 workers, part of an effort to prepare for electric and self-driving vehicles.