4,000 General Motors workers to be laid off starting Monday

Andrew Cummings
February 4, 2019

The layoffs were first announced in November, along with plans to close four plants - two in MI, one in OH, and one in Ontario. That money will then be used to invest in new technology, including electric and self-driving cars as well as a ride sharing service.

"This is about making sure that GM is lean and agile", CEO Mary Barra said in announcing the cuts November 26. The company also announced plans to shutter facilities in Maryland and MI. It also is a site that Trump promised he would revive during his 2016 White House campaign.

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.

"We are not confirming timing", General Motors told The Detroit News in a statement.

He commiserated about the closures in a series of phone calls with his Canadian counterpart Justin Trudeau.

Overall, Trump is presiding over a strong American economy. More than 6,200 jobs are at stake. But trade tensions and global economic anxiety have led some companies to rethink their business plans and sparked concerns about the risk of a slowdown.

As first reported this weekend by The Detroit News, sources within the company state the job cuts - reportedly expected to climb to 6,000 by the spring - are part of efforts to save the company $2.5 Billion this year.

Canada spokeswoman Jennifer Wright says the salaried employee reductions in Canada have mostly been accomplished already through voluntary incentivized packages. In addition, there were 1,500 contract employees who were not retained by the company.

GM will report financial results on Wednesday and lower earnings are expected.

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