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)

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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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

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Elon Musk’s internet comes to mobile: Starlink technology connects smartphones without an antenna via satellite, works even without carrier signal, already costs just US$10 extra in the US, and could arrive in Brazil as an included benefit.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

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Man builds cardboard airplane and tests it in an open field; watch the video

While Belo Monte progressed slowly in Brazil, China is building in Tibet 5 cascade hydropower plants on the Yarlung Tsangpo that will generate 3 times the energy of the Three Gorges.

While Ferrogrão has been stalled for 16 years in Brazil, Chinese engineers are drilling 34.5 km of rock under Gaoligong Mountain to open Asia’s largest railway tunnel.

Chinese probe Tianwen-2 is traveling 45 million kilometers to touch Earth’s quasi-satellite Kamoʻoalewa and bring 100 grams of sample back home.