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Market Chatter: General Motors Laying More Than 1,000 Salaried Software, Services Workers
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Market Chatter: General Motors Laying More Than 1,000 Salaried Software, Services Workers
Aug 19, 2024 6:31 AM

09:07 AM EDT, 08/19/2024 (MT Newswires) -- General Motors ( GM ) is laying off over 1,000 salaried employees globally in its software and services division, CNBC reported Monday.

The layoffs include about 500 jobs at GM's tech campus near Detroit, CNBC reported, citing a statement from a company spokesperson.

GM did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 45.35, Change: +0.03, Percent Change: +0.07

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