04-02-2019 18:34 via kvoa.com

General Motors starting white-collar layoffs this week

DETROIT (AP) — General Motors is starting to lay off about 4,300 white-collar workers worldwide this week.
In November, the company said it wanted to cut 8,000 salaried and contract workers so it can raise profit margins and invest more in autonomous and electric vehicles.
The company says 2,200 white-collar employees took buyouts, while another 1,500 contract workers were let go.
Many of the layoffs will happen at GM’s technical center near Detroit. Most work on components for inter
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