General Motors’s autonomous and electric-vehicle wing at its tech center in Warren, Mich. ( Matthew Doarnberger , Headline USA ) General Motors said it would lay off more that 1,000 salaried employees in its software and services divisions worldwide according to a CNBC report. Roughly 600 of the layoffs will occur at GM’s tech campus near Detroit, Mich .
The reduction in employees comes following the resignation in March of Mike Abbott, the former executive vice president of software and services. Abbott was hired last year amid GM’s increased investment in electric vehicles and subscription-based services.
In a statement explaining the recent layoffs, a GM spokesman cited the need for the automobile company to make investments in the areas that will produce the most efficient results.
“As we build GM’s future, we must simplify for speed and excellence, make bold choices, and prioritize the investments that will have the greatest impact,” said […]
– Read More: headlineusa.com
-
Learn the TRUTH about Gold IRAs and how most precious metals companies play dirty.

