GM slashes contract worker jobs in cost-cutting move.
TL;DR Summary
General Motors has laid off "several hundred" contractor positions, many of which were based out of the Tech Center in Warren, as part of its cost-cutting measures. Experts predict that the automotive industry will continue to see layoffs and buyouts in the coming months and years as the industry pivots towards electric vehicles and requires fewer mechanical engineers.
- General Motors lays off 'several hundred' contract workers at Warren Tech Center, elsewhere FOX 2 Detroit
- GM terminates hundreds of contract workers as it tries to shave $2 billion from its budget Yahoo Finance
- GM Cut Hundreds Of Contract Workers This Weekend In New Cost-Reducing Measure GM Authority
- General Motors announces layoffs of several hundred contract workers at Tech Center, other locations FOX 2 Detroit
- General Motors cuts several hundred contract workers Crain's Detroit Business
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 3 min read
Condensed
87%
454 → 58 words
Want the full story? Read the original article
Read on FOX 2 Detroit