GM Cuts Hundreds of Salaried Workers as Part of Profit Push

BloombergFriday, October 24, 2025 at 12:19:56 PM
GM Cuts Hundreds of Salaried Workers as Part of Profit Push
General Motors has made the difficult decision to cut hundreds of salaried jobs, which comes shortly after the company raised its profit guidance for the year. This move, while aimed at boosting profits, has raised concerns about job security and the impact on employees. The decision has led to a surge in GM's shares, highlighting the complex balance between corporate profitability and workforce stability.
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