Gm Layoffs August 2024 News. Chief financial officer paul jacobson said last month that gm is on track to reach its goal of cutting $2 billion in fixed costs by the end of this year. General motors (gm) is cutting more than 1,000 salaried positions worldwide in its software and services division, with the majority based in the us.

Has been laying off staff in china and will soon meet with local partner saic to plan a larger structural overhaul of its operations there, a recognition the detroit. Cnbc reported on monday that the layoffs will impact a total of more than 1,000 workers within the automaker’s software and services unit.