Get the latest tech news

General Motors slashes another 1,000 jobs to cut costs

General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting bid, just three months after cutting 1,000 software jobs. The

General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting bid, just three months after cutting 1,000 software jobs. This includes operating with efficiency, ensuring we have the right team structure, and focusing on our top priorities as a business,” the company said in a statement. The cuts come at a time when GM and other automakers face the possibility of losing federal subsidies for their electric vehicles — a proposal that newly-elected president Donald Trump has said he’s in favor of, and one that his donor-advisor Elon Musk supports.

Get the Android app