The electric vehicle industry has taken a hit since the government’s tax credit for new buyers was eliminated during the Trump administration. Manufacturers have responded in various ways, and now one major company is reducing its workforce significantly.
General Motors (GM) has confirmed that it laid off over 1,700 employees across its Michigan and Ohio locations due to a slowing EV market. According to a statement provided to CNBC, 1,200 of the affected employees worked at the Detroit EV plant, while another 550 were laid off at the Ultium Cells plant in Ohio.
In addition to these permanent layoffs, there were also 1,550 temporary layoffs between the Ohio plant and a facility in Tennessee.
GM’s statement made it clear that these workforce reductions are a response to changes in the EV market. It reads: “In response to slower near-term EV adoption and an evolving regulatory environment, General Motors is realigning EV capacity.”
Despite these changes, GM emphasized its continued commitment to U.S. manufacturing. The company stated, “We believe our investments and dedication to flexible operations will make GM more resilient and capable of leading through change.”
https://www.shacknews.com/article/146568/general-motors-1700-employees-laid-off
