The electric vehicle industry has taken a hit since the government’s tax credit for new buyers was eliminated during the Trump administration. Manufacturers have responded in various ways, and now General Motors has announced significant workforce reductions as a result of a slowing EV market.
GM confirmed that it laid off over 1,700 employees across its Michigan and Ohio locations. Of these, 1,200 workers were from the Detroit EV plant, while 550 were from the Ultium Cells plant in Ohio. In addition, there were approximately 1,550 temporary layoffs between the Ohio plant and a facility in Tennessee.
In a statement to CNBC, General Motors attributed the layoffs to changes in the EV market. The company explained that, in response to slower near-term EV adoption and an evolving regulatory environment, it is realigning its EV production capacity.
Despite these workforce adjustments, GM reiterated its commitment to its U.S. manufacturing footprint. The company emphasized that its continued investments and focus on flexible operations will help make GM more resilient and better positioned to lead through industry changes.
https://www.shacknews.com/article/146568/general-motors-1700-employees-laid-off
