GM’s EV Struggles Trigger Mass Layoffs In Three States
Bearish
-69.4
General Motors is set to lay off more than 2,000 workers in Michigan, Ohio, and Tennessee, the company announced on Wednesday, citing “slower” EV sales. GM’s Detroit-area electric vehicle plant was hit the hardest, with roughly 1,200 employees being informed that they were no longer needed, The Detroit News reported. The all-electric Factory Zero Detroit-Hamtramck ...
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