Published: Tue, February 05, 2019
Finance | By Jaime Brady

General Motors starting 4,300 white-collar layoffs this week

General Motors starting 4,300 white-collar layoffs this week

As of Sunday afternoon, it was unclear which jobs or departments would be affected by the expected layoffs, or if salaried workers in the remaining Ontario GM plants - CAMI Automotive in Ingersoll and the St. Catharines Propulsion Plant - would be impacted.

Prior to announcing the cuts, GM had hoped to reduce its workforce through voluntary buyouts offered to 17,700 employees, but the acceptance rate initially was low.

The job cuts are part of what GM describes as efforts to improve its operating efficiency.

GM, as part of its statement Monday, reiterated the reasoning and timing of the cuts: "These actions are necessary to secure the future of the company, including preserving thousands of jobs in the USA and globally". Most work on components for internal combustion engines and discontinued vehicle models. It announced plans for an $11 billion restructuring last October and is expected to axe as many as 25,000 jobs, though a majority of those cuts are seen targeting Europe and other financially struggling markets.

Media reports estimated the total job cuts of salaried staff and union workers at about 14,000, including about 6,000 union workers.

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The company says 2,200 white-collar employees took buyouts, while another 1,500 contract workers were let go. Last week the company laid off three senior people in its Washington office. GM said in November it would end USA and Canadian production of the Chevrolet Cruze, Volt, Impala, the Buick LaCrosse and the Cadillac XTS and CT6 sedans.

Trump, who made a 2017 speech near GM's Lordstown Assembly plant in OH, said in November the company had "better" find a new product for that plant.

The GM plants, which include about 6,000 hourly jobs, have yet to close, GM is moving ahead with the salaried staff reductions, a GM spokesman confirmed Friday.

In January, Comprehensive Logistics said it would cease operations at its facility in Lordstown that provides logistics and warehousing, a move that impacts about 180 jobs.

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