General Motors axes thousands of salaried workers Monday

General Motors axes thousands of salaried workers Monday

That said, the largest of the Detroit-based carmakers will, with the latest cuts, have eliminated more than 14,000 jobs in the USA and Canada since November.

The company had about 2,300 salaried staff accept voluntary buyout packages that were offered to 18,000 employees.

Wright says the company expects to have a "modest" number of other salaried reductions completed shortly but declined to provide specifics.

The workforce reduction - targeted at 15 percent of its 54,000 salaried employees in North America including slashing global executives by 25 percent - was announced in conjunction with the potential closure of five North American plants and two elsewhere. But 2,700 US workers will be offered jobs at other factories.

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The employee said some department leaders have told workers to forego scheduling vacation time in the first two weeks of February, an insinuation that the involuntary cuts will be made at that time.

As of Sunday afternoon, it was unclear which jobs or departments would be affected by the expected layoffs, or if salaried workers in the remaining Ontario GM plants - CAMI Automotive in Ingersoll and the St. Catharines Propulsion Plant - would be impacted. Some other small salaried layoffs previously took place. GM said in November it would end USA and Canadian production of the Chevrolet Cruze, Volt, Impala, the Buick LaCrosse and the Cadillac XTS and CT6 sedans. The savings are necessary as GM faces the steep costs of investing in new technologies, namely electric and self-driving cars, Chairman and CEO Mary Barra said in a statement, NBC News reported Monday.

GM said in November it would end United States and Canadian production of the Chevrolet Cruze, Volt, Impala, the Buick LaCrosse and the Cadillac XTS and CT6 sedans.

Magna International Inc is also laying off about 120 people at its Lordstown Seating Systems plant that makes seats for GM vehicles.

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