The General Motors logo is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retain 1,000 jobs, and significantly increase battery and electric truck manufacturing capabilities.
Jeff Kowalski | AFP | Getty Images
Detroit – General Motors According to CNBC, the company will lay off more than 1,000 salaried employees in its software and services divisions globally following a review to streamline operations in the division.
The layoffs, which include about 600 jobs at GM’s technology campus near Detroit, come less than a year after a change in leadership across operations, including former Apple executive Mike Abbott’s departure from the automaker for health reasons. carried out in six months.
“As we build GM’s future, we must streamline processes for speed and excellence, make bold choices, and prioritize investments that will have the greatest impact,” a GM spokesman said in an emailed statement. “So, We are reducing the number of teams within our software and services organizations and we are grateful to those who have helped build the strong foundation that will enable GM to lead into the future.”
GM declined to disclose the full number of layoffs, but a source familiar with the action confirmed that more than 1,000 salaried employees would be laid off, including 600 in Warren, Miss. Affected employees were notified Monday morning.
The layoffs represent approximately 1.3% of the company’s global workforce 76,000 salaried workforce As of the end of last year. That includes about 53,000 U.S. salaried employees.
The layoffs come as automakers try to reduce costs, and in many cases headcount, as they worry about an industry downturn, and as they spend on emerging markets such as all-electric vehicles and so-called “software-defined vehicles.” Billions of dollars.
Software, and specifically monetization, has been a major focus for automakers including General Motors as it looks to boost profits through recurring revenue opportunities such as subscriptions.
The Software & Services segment spans the automaker’s gamut, including emerging areas such as infotainment, the OnStar brand and subscriptions and other vehicle features.
About The Author
