motors
General Motors Announces Cuts of 1,000 Software Engineers, 600 in Michigan – The Day After UAW President Endorses Kamala Harris at DNC
View post on imgur.com (Bloomberg) — General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter. More than 600 of the layoffs will be in Michigan, the person said. The moves come two months after former …
DELL Laying Off 12,500 Employees… The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell
Dell Layoffs To Hit 12,500 or More Employees Worldwide Starting Tomorrow, Affect 10% of Tech Giant’s Global Workforcehttps://t.co/y76X7zPFXe#DellLayoffs #Layoffs #Dell #Layoffs2024 #WorkforceReduction #Jobs #Workforce #JobCuts #Technology @theafricanptv @RadarHits @expordia — LatestLY (@latestly) August 6, 2024 The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell …
Second Major Automaker Opts Out of Super Bowl Advertising… General Motors (GM) and Stellantis Take a Stand.
via Yahoo: ““In light of this assessment, we will not be participating in the Big Game this year,” they added. The Jeep manufacturer is the second company to make this decision. General Motors (GM) said in November that it would nix advertising during the big game, according to Reuters. The outlet also reported that Stellantis …
General Motors — UAW strike cost us $1 Billion, plus $9 billion in higher wages. GM announces $10 billion stock buyback.
Autoworker strike cost GM $1.1B, a cost it says it can absorb as it announces massive stock buyback General Motors says pretax earnings took a $1.1 billion hit this year due to a six-week strike by autoworkers, but the company expects to absorb increased labor costs and have enough left to buy back stock worth …
General Motors stock slides to 3-year low amid $5 billion strike bloodbath
General Motors shares tanked again Thursday as a possible issue with its airbags added to negative concerns over the auto workers strike for the limping legacy American automaker. Key facts The Wall Street Journal reported there are 20 million General Motors vehicles with airbag inflators that the government recommends recalling, potentially setting the company up …
General Motors to lay off 936 employees in Chandler, AZ
https://t.co/081UMEWYO7 — Don Johnson (@DonMiami3) August 23, 2023
EV COLLAPSE: Electric vehicle manufacturer Lordstown Motors files for bankruptcy
via naturalnews: Electric vehicle manufacturer Lordstown Motors filed for bankruptcy protections on Tuesday, June 27, after announcing that it would put itself up for sale. It filed for Chapter 11 bankruptcy protections in a bankruptcy court in Delaware. Lordstown stated that it will be looking for potential buyers to take over its assets, including the manufacturing of the …