GM slashing 1,000 white-collar jobs in cost-cutting move to focus on EVs

General Motors is laying off about 1,000 employees worldwide and cutting costs as it aims to compete in the crowded global auto market. Workers, who are mostly white-collar workers, were informed of the decision early Friday morning. The company confirmed the layoffs in a statement, but provided few details. GM and other automakers are making […]
GM Cuts 1K Jobs In Cost-Cutting Reorganization

(Photo by Bill Priano/Getty Images) OAN Staff James Myers8:23am – Friday, November 15, 2024 General Motors Co. on Friday laid off about 1,000 employees as it seeks to cut costs and realign its priorities amid changing market conditions. advertisement The mostly white-collar workers were informed of the decision on Friday morning. “We need to optimize […]
Musk & Ramaswamy Encourage ‘High-IQ, Small-Government Revolutionaries’ to Apply for DOGE Jobs

The Department of Government Efficiency (DOGE), led by X owner and Tesla CEO Elon Musk and entrepreneur Vivek Ramaswami, is a “small government revolutionary” ready to tackle what they call “low-key cost reduction.” I'm looking for. ” “We are extremely grateful to the thousands of Americans who have expressed interest in supporting us with DOGE,” […]
Advance Auto Parts shutting 500 stores, cutting jobs amid sluggish demand

Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 under a restructuring plan, as demand for auto parts has been hit by fewer consumers choosing to repair their cars. announced that it would reduce its workforce. The auto parts retailer's stock rose about 2% even though it also reported a surprise […]
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced it will issue termination notices to employees included in the aerospace giant's broader layoffs plan. Boeing said the approximately 17,000 employees affected by the layoffs were notified this week and are expected to leave in mid-January. The cuts, which were made in response to a trade union strike, amount to 10% of the […]
Elon Musk, Vivek Ramaswamy could use private sector methods to slash government jobs

If you work for the federal government, there's a good chance you'll receive a pink paper, or at least a severance package before joining the new Trump administration, according to On the Money. Reported. In a move to tame the Leviathan known as the vast federal workforce, President-elect Donald Trump is creating a new Department […]
Post Office to close 115 branches and cut jobs to fund subpostmaster pay rise | Post Office

The Post Office says it plans to close 115 branches, putting around 2,000 jobs at risk, as part of plans to increase postal workers' pay by £250m over the next five years. The Post Office confirmed on Wednesday that it was looking to abolish the 115 branches it currently centrally owns, known as Crown Post […]
Beshear: Dems can win by focusing on 'core issues' like jobs, housing, health care

Kentucky Gov. Andy Beshear (D) on Tuesday laid out a framework for Democrats to regain the trust of the American people after election results gave Republicans control of the White House, the Senate and the House of Representatives. “While I am deeply disappointed in the national results, I refuse to play the blame game,” Beshear […]
Blue-Collar Hispanics, Immigrants Care More About Illegals Taking Their Jobs than Jokes, Celebrities

On HBO's “Real Time” broadcast Friday, host Bill Maher said, “President Trump understands that you're a Mexican immigrant, you're a legal immigrant, you probably have a blue-collar job, but… Who are you worried about?” Are you going to get a job? A man who came across the border. ” And those people don’t care about […]
Nissan axing 9,000 jobs, CEO cuts his own pay as US sales slump

Nissan Motor Co. said Thursday it will cut 9,000 jobs and 20% of its global manufacturing capacity as it seeks to cut costs by $2.6 billion this fiscal year against the backdrop of weak sales in China and the United States. The plan highlights the vulnerability of Japan's third-largest automaker, which has yet to fully […]