GM poised to lay off more than 4000 workers on Monday

GM's involuntary layoffs start Monday at least 4,000 workers expected to lose jobs

Canada spokeswoman Jennifer Wright says the salaried employee reductions in Canada have mostly been accomplished already through voluntary incentivized packages.

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

It follows the automaker's announcement last November that it would idle three vehicle plants (plus two component plants) in North America due to slowing sales of sedan models built at the plants. The cuts include eliminating about 8,000 salaried workers, or about 15 per cent.

Through cuts to salaried contract workers and voluntary buyouts previous year, the company was almost halfway to that total prior to the internal layoffs.

GM, as part of its statement Monday, reiterated the reasoning and timing of the cuts: "These actions are necessary to secure the future of the company, including preserving thousands of jobs in the US and globally".

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.

GM is also cutting its executive ranks by 25 percent.

Employee ratings for GM's Business Outlook - what current- and former- employeesthink about the company's future over the next six months - and Recommendation ranking are in a freefall as layoffs take place.

GM announced the layoffs in November at the same time it also revealed it also would close four of its plants in the United States and a fifth plant in Canada.

Michigan - Detroit/Hamtramck Assembly: Manufacturing plant for the Cadillac CT6, the Buick LaCrosse, the Chevrolet Volt, and the Chevrolet Impala.

Trump, who made a 2017 speech near GM's Lordstown Assembly plant in OH, said in November the company had "better" find a new product for that plant.

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.



Other news