DETROIT, MI — General Motors is cutting hundreds of salaried jobs in a move to preserve cash and boost profits.
The layoffs announced internally on Tuesday affect about 500 employees. It’s not clear how many of those cuts will be in the state of Michigan. As of December 2022, GM employed about 86,000 hourly employees and 81,000 salaried employees worldwide, according to the Detroit News.
The automaker has two production facilities in mid-Michigan – the Delta Township plant and Lansing Car Assembly just south of downtown Lansing.
The cuts come about a month after CEO Mary Barra and CFO Paul Jacobson told investors the company wasn’t planning any layoffs. The layoffs bring GM into line with other major companies, including auto industry heavyweights Ford and Stellantis, and electric vehicle manufacturer Rivian, who are reducing their workforce.
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