GM laying off 1,300 at Michigan plants that made Bolt EV, Camaro

GM laying off 1,300 at Michigan plants that made Bolt EV, Camaro

General Motors said Thursday it is laying off 1,300 workers at two Michigan auto factories in early January. The largest US automaker said 945 workers will be laid off at its Orion Assembly plant, which is ending production of the Chevrolet Bolt EV and being converted for electric truck production that will start in late 2025. Final production of … Read more

GM’s Cruise laying off 900, or 24% of its workforce: Read the memo

GM’s Cruise laying off 900, or 24% of its workforce: Read the memo

General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the company confirmed to CNBC. The layoffs, which primarily affected commercial operations and related corporate functions, are the latest turmoil for the robotaxi startup and come one day after Cruise dismissed nine “key leaders” for the … Read more

GM to lay off 1,300 Michigan workers as vehicles end production

GM to lay off 1,300 Michigan workers as vehicles end production

UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to lay off about 1,300 workers in Michigan starting early next year due to vehicles they produce … Read more

Hasbro slashing 900 jobs as high inflation takes bite out of toy sales

Hasbro slashing 900 jobs as high inflation takes bite out of toy sales

Hasbro said Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would reduce 15% of its workforce amid weaker sales. Hasbro had said in January it would cut about 1,000 full-time positions. On Monday, the company said it had already cut 800 jobs. At the end of 2022, Hasbro had employed about 6,490 people … Read more