General Motors to cut 5,000 jobs to save

No time to read?
Get a summary

American automaker General Motors is launching a voluntary layoff program that provides compensation to its employees, with plans to cut 5,000 jobs. In this respect informs Bloomberg.

The automaker expects to save $1 billion a year from 2023 through “voluntary take-back” of jobs. He introduced this measure to prevent forced layoffs. General Motors is having to save money, as the group plans to invest $35 billion over the next few years to upgrade its product line and transition from combustion engines to electric propulsion. In particular, GM expects the number of electrified models in its range to reach 30 by 2025.

Earlier it became known that in March there were sales of Lada cars. grew up by 40%.

No time to read?
Get a summary
Previous Article

“Let’s see if they kill him now!”: These are the 10 worst falling characters in this century’s TV series

Next Article

Microbiologist Andreeva named yeast strain most difficult to grow