web analytics

GM’s Cost-Cutting Layoffs to Help It Optimize for Speed and Excellence

This post was originally published on this site

The automobile market is experiencing considerable ups and downs due to shifting demands, and GM is the latest company to resort to cost-cutting layoffs. The automaker hasn’t revealed how many workers will be affected, but reports suggest that at least 1,000 employees worldwide will be eliminated from its for

c

es. Most of GM’s employee cuts are expected to be centered in the U.S. and will primarily affect white-collar workers. The United Auto Workers union confirmed that around 50 of its members have been affected by the layoffs. The company is said to be targeting $2 billion in fixed cost reductions this

Read Full Story

See also  Privilege of Dignity: Hospital’s Peer Review Was Protected
,

Get the Latest HR Headlines

* indicates required

HR NEWS MARKETPLACE


»Convert More Candidates with Dalia


»Hire Quality Talent Faster with FastTalent


»Diversity and Inclusion Job Board


»RecTech PR Newswire


»Job Board Directory


»Recruiting Newsletters


»HR Tech News


»HR Freelancers


»Jobs with Relocation Assistance


»Diversity Hiring News


»Recruiter Ebooks