GM laid off 500 salaried employees, mainly executives and white-collar workers

CTOnews.com, March 1 (Reuters)-General Motors will cut "hundreds of jobs", and the Detroit News confirmed that a month after GM CEO Maribala said there were "no layoffs," the Detroit automaker will cut about 500 executive and payroll jobs across functions.

Of course, the 500 employees are less than 1 per cent of the company's total salaried employees, and GM said the layoffs were made after a performance review and would affect "a small number of global executives and employees as part of our overall structural cost reduction efforts."

Tu Yuan PexelsCTOnews.com found that GM had about 86000 hourly workers and 81000 salaried employees worldwide as of December 2022.

"Today's action follows our recent performance calibration rules and optimizes the attrition curve as part of our overall structural cost reduction effort." "this action affects only a small number of salaried employees and executives around the world," David Barnas, a company spokesman, said in a statement.

Aden Hoffman, GM's chief human resources officer, said: "We are considering all ways to improve efficiency and performance. This week, based on our recent performance calibration, we will take action against a relatively small number of global executives and confidential employees. They will leave the company from today."