It’s Their Turn: GM Surprises the World With Mass Layoffs: 1,000 Employees Cut in Global Restructuring

Written by Bruno Teles

Published on 15/11/2024 at 13:17

GM choca com demissão em massa de 1.000 funcionários (Imagem: Reprodução)

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GM Surprised By Announcing On Friday (15) A Mass Layoff That Will Affect About 1,000 Employees Worldwide. The Goal Is To Reduce Fixed Costs Amid A Series Of Challenges In The Global Market. Most Of The Affected Workers Are In Administrative Areas And Were Notified Of The Decision In The Morning.

In An Official Statement About The Mass Layoff, GM Highlighted The Need For Operational Optimization To Ensure Agility And Excellence. “This Includes Operating Efficiently, Ensuring We Have The Right Staffing Structure, And Focusing On Our Main Priorities,” The Automaker Stated.

The Mass Layoffs Are Part Of A Broader Strategy By The Company, Which Seeks To Save About US$ 2 Billion In Fixed Costs This Year. According To CNBC Sources, The Cuts Occurred In Various Areas Of The Company, Including Cases Related To Underperformance And A General Review To Reallocate Resources.

This Decision Comes At A Time Of Slowing Sales In The U.S., Difficulties In The Chinese Market, And An Adjustment In The Strategy For Electric Vehicle Expansion, Which Is Facing A Slower Adoption Rate Than Expected.

ARTICLE CONTINUES BELOW

History Of Cuts

This Is Not The First Move By GM To Streamline Its Workforce In 2024. In August, The Company Had Already Announced The Layoff Of More Than 1,000 Employees In Areas Such As Software And Services.

With The Challenges Of Maintaining Global Competitiveness, GM Emphasizes That Reorganizing Its Priorities Is Essential To Face The Current Economic Scenario.

The Automaker Remains Firm In Its Commitment To Innovation And Efficiency, But The Impact Of The Mass Layoffs Makes It Clear That Painful Adjustments Are Part Of The Transformation Process.

(With Information From Estadão Conteúdo And International Agencies)

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It’s Their Turn: GM Surprises the World With Mass Layoffs: 1,000 Employees Cut in Global Restructuring

GM Surprised By Announcing On Friday (15) A Mass Layoff That Will Affect About 1,000 Employees Worldwide. The Goal Is To Reduce Fixed Costs Amid A Series Of Challenges In The Global Market. Most Of The Affected Workers Are In Administrative Areas And Were Notified Of The Decision In The Morning.

History Of Cuts

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Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

On the coast of China, fishermen received an official reward after finding 10 foreign underwater devices capable of “stealing secrets” in just two years, showing that the silent war for the seabed has already reached the nets of those who rely on fishing.

In the South Atlantic, three isolated volcanic islands cause the wind to draw perfect spirals visible from space: a rare phenomenon called von Kármán vortex streets forms symmetrical patterns behind the peaks of the South Sandwich Islands and was recorded by the NOAA-20 satellite in 2025.

Brazilian company breaks industrial machines purposefully in a 10,000 m² warehouse in São Paulo and sold the idea for R$ 4 billion.

Scientists warn that Earth’s oxygen has an expiration date and that the Sun itself will be responsible for ending the air we breathe by making photosynthesis impossible in about one billion years.

The Italian Navy has just approved the production of a new version of its frigates with 360-degree radar, artificial intelligence to take down drones, and a cyber warfare system that no other European navy possesses.

The collective movement that started with a banker and led a poor city in the U.S. to become a global reference in wealth after investing in Coca-Cola stocks during the Great Depression.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

After 14 years of construction and a diplomatic crisis that nearly led to a military confrontation over control of the Nile, Ethiopia inaugurated the largest hydroelectric power plant in Africa — the dam is 170 meters high, holds 74 billion cubic meters of water, and generates 5,150 megawatts.

1,720 meters beneath the Alps, workers have been excavating for 15 years what will be the world’s longest continuous railway tunnel — 64 kilometers of rock between Austria and Italy that will reduce a journey from 80 minutes to just 25.

It’s Their Turn: GM Surprises the World With Mass Layoffs: 1,000 Employees Cut in Global Restructuring

GM Surprised By Announcing On Friday (15) A Mass Layoff That Will Affect About 1,000 Employees Worldwide. The Goal Is To Reduce Fixed Costs Amid A Series Of Challenges In The Global Market. Most Of The Affected Workers Are In Administrative Areas And Were Notified Of The Decision In The Morning.

History Of Cuts

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

On the coast of China, fishermen received an official reward after finding 10 foreign underwater devices capable of “stealing secrets” in just two years, showing that the silent war for the seabed has already reached the nets of those who rely on fishing.

In the South Atlantic, three isolated volcanic islands cause the wind to draw perfect spirals visible from space: a rare phenomenon called von Kármán vortex streets forms symmetrical patterns behind the peaks of the South Sandwich Islands and was recorded by the NOAA-20 satellite in 2025.

Brazilian company breaks industrial machines purposefully in a 10,000 m² warehouse in São Paulo and sold the idea for R$ 4 billion.

Scientists warn that Earth’s oxygen has an expiration date and that the Sun itself will be responsible for ending the air we breathe by making photosynthesis impossible in about one billion years.

Amid international war, rising diesel prices, and a lack of workers, pork enters a new scenario in Brazil that could curb consumption, raise prices, and change the dynamics of the sector in the coming months.

The handshake that cost R$ 57 billion and started the delivery war in Brazil.

The dollar has fallen to less than 5 reais, but war and stocks are hindering an immediate drop in food prices.

More than 40 million Brazilians are sinking into credit card debt, and indebtedness now affects 80.4% of Brazilian families.

Labor shortage becomes a new shock in Brazil’s jobs market and salaries soar in the services sector.

The Italian Navy has just approved the production of a new version of its frigates with 360-degree radar, artificial intelligence to take down drones, and a cyber warfare system that no other European navy possesses.

The collective movement that started with a banker and led a poor city in the U.S. to become a global reference in wealth after investing in Coca-Cola stocks during the Great Depression.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

After 14 years of construction and a diplomatic crisis that nearly led to a military confrontation over control of the Nile, Ethiopia inaugurated the largest hydroelectric power plant in Africa — the dam is 170 meters high, holds 74 billion cubic meters of water, and generates 5,150 megawatts.

1,720 meters beneath the Alps, workers have been excavating for 15 years what will be the world’s longest continuous railway tunnel — 64 kilometers of rock between Austria and Italy that will reduce a journey from 80 minutes to just 25.