GM Lays Off Hundreds From Product Development in Latest Cost-Cutting Move
General Motors Co. cut several hundred full-time contract positions primarily from its engineering hub in suburban Detroit, the latest cost-reducing effort from the auto maker as it navigates an uncertain car market.
The contract workers, from GM’s large product-development operation, were terminated over the weekend, a company spokeswoman said Monday. She said several hundred people were dismissed but declined to specify a number.
General Motors Co. cut several hundred full-time contract positions primarily from its engineering hub in suburban Detroit, the latest cost-reducing effort from the auto maker as it navigates an uncertain car market.
The contract workers, from GM’s large product-development operation, were terminated over the weekend, a company spokeswoman said Monday. She said several hundred people were dismissed but declined to specify a number.