#generalmotors #gm #yahoofinance #layoff
General Motors (GM) has announced plans for another round of workforce reductions. According to the company’s statement issued to AP, GM intends to lay off approximately 1,000 employees as part of an effort to "optimize for speed and excellence" across its operations. The workers impacted by the cuts are mostly white-collar employees.
Morning Brief anchors Seana Smith and Brad Smith dive into the details of the automaker’s latest cost-cutting initiative.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith
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