Published: Mon, February 04, 2019
Business | By Eloise Houston

General Motors starting white-collar layoffs this week

General Motors starting white-collar layoffs this week

It is Black Monday for workers at General Motors.

"The actions we are taking today continue our transformation to be highly agile, resilient and profitable while giving us the flexibility to invest in the future", Barra said. GM is filing new required mass layoff notices with state agencies and disclosed the cuts to lawmakers. This is part of the company's previously announced 15 percent workforce reduction that was announced back in November.

At the time, GM said it wanted to cut about 8,000 salaried workers from its payroll.

The company says it will start to cut 4,300 salaried and contract workers worldwide this week, while 2,200 employees have already taken buyouts and another 1,500 contract workers were let go.

The restructuring also includes the planned shutdown of the company's Oshawa Assembly Plant at a loss of about 2,600 unionized jobs and four other plants in the U.S. He says GM bought out thousands of white-collar employees close to retirement.

The automaker announced cuts in November, including the closure of its Oshawa, Ont., plant, in a move expected to save the GM billions of dollars and help it prepare for an expected slowdown of the USA automotive market during the next several years.

The president said he was "very tough" on Barra in a phone call after the company announced the closures, and referred to the federal auto bailout money the company received in 2008. Now, 4,000 more will be laid off. He says that move, paired with "the cyclical downturn in the industry that they're getting in front of", has influenced the layoff decision.

Many of GM's hourly workers in the United States and Canada have held protests and prayer vigils in a campaign to persuade the automaker to reverse its November 26 GM announcement to indefinitely idle five plants in North America.

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