GM’s layoffs also come a day after all-electric vehicle maker Rivian laid off roughly 4.5% of its workforce
GM lays off more than 200 salaried workers in latest round of job cuts
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General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits.
The impacted employees were largely Computer-Aided Design, or CAD, engineers who worked at the company’s global tech campus in metro Detroit, according to GM.
“We’re restructuring our design engineering team to strengthen our core architectural design engineering capabilities,” GM said in an emailed statement. “As a result, a number of CAD execution roles have been eliminated. We recognize the efforts and accomplishments of the impacted team members, and we thank them for their contributions.”
GM declined to comment on the number of employees affected, but a source familiar with the matter confirmed to CNBC that more than 200 employees, which was first reported by Bloomberg News. The person spoke anonymously because the number had not yet been made public.
GM’s layoffs also come a day after all-electric vehicle maker Rivian
laid off roughly 4.5% of its workforce, or more than 600 people, to restructure some teams as the EV market faces growing challenges amid policy changes and slower-than-expected demand.
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