General Motors Announces New Round of Layoffs to Enhance Efficiency and Accelerate EV Transition!

Recently, General Motors (GM) of the United States announced that it would initiate a new round of layoffs, dismissing approximately 1,000 employees from its software and services departments. This will result in a reduction of approximately 1.3% in the total number of GM employees. This layoff is expected to help GM achieve cost reduction and efficiency improvement, following the company's earlier announcement that it aims to reduce costs by $2 billion by the end of 2024.

A spokesperson for GM stated that in order to accelerate the company's future development and prioritize investments that maximize returns, GM had to make difficult decisions, including the elimination of certain teams within the software and services departments. Additionally, it has been rumored that this round of layoffs may be related to a business review conducted by the company after the departure of Mike Abels, the Vice President of Software and Services.

Furthermore, there are reports that GM also plans to conduct a new round of layoffs in China, which will affect multiple departments in the Chinese market, including the research and development department. The company will engage in deep discussions with its partner, SAIC Motor, to explore larger-scale structural reform plans, encompassing capacity reductions and the reorganization of its Chinese operations. It is understood that these adjustments are aimed at better adapting to market changes, shifting towards the production of electric vehicles, and focusing on the market for premium and imported high-end vehicles.