Automotive

GM laying off ~1,000 workers globally, most in US: Report

Written by Ethan Bernard

November 15, 2024

General Motors is laying off ~1,000 workers globally, with most based in the US, according to a Reuters report on Friday.

“In order to win in this competitive market, we need to optimize for speed and excellence,” a spokesman for the automaker said in a statement to SMU.

“This includes operating with efficiency, ensuring we have the right team structure, and focusing on our top priorities as a business,” he added.

No further information was provided.

Last month, SMU reported on some recent layoffs at GM at Stellantis.

Ethan Bernard

Ethan Bernard is a reporter and editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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