Connect with us

Hi, what are you looking for?

Income Innovator HubIncome Innovator Hub

Stock

GM to lay off 1,300 Michigan workers as vehicles end production

DETROIT — General Motors plans to lay off about 1,300 workers in Michigan starting early next year due to vehicles they produce ending production, the company disclosed in state documents.

The largest of the layoffs were expected. They include 945 workers at Orion Assembly who build Chevrolet Bolt models, which are ending production after this year.

The final production date is scheduled for the week of Dec. 18. However, layoffs will not occur until Jan. 1.

GM will retool Orion to build electric trucks. The plant is expected to come back online in late 2025.

The other 369 workers to be laid off are at GM’s Lansing Grand River Assembly/Stamping, which will no longer produce the Chevrolet Camaro. GM had previously announced the end of the vehicle but not how many employees would be laid off at the plant, which continues to produce Cadillac sedans.

“Lansing Grand River Assembly informed employees today that the plant will adjust staffing levels due to the end of Camaro production,” GM said in a statement. “As a result, about 350 employees will be affected beginning Jan. 2. GM anticipates having job opportunities for all impacted team members per the provisions of the UAW-GM National Agreement.”

Layoffs at Grand River will begin Jan. 2 and continue through March, according to the WARN notice documents.

This post appeared first on NBC NEWS

Enter Your Information Below To Receive Latest News, And Articles.

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    Source: Ark Invest / Instagram ARK Investment Management, led by prominent investor Cathie Wood, has reduced its holdings in the Grayscale Bitcoin Trust (GBTC)...

    Latest News

    A super PAC that has overseen much of Ron DeSantis’s presidential operation has fired its CEO less than two weeks after the previous chief...

    Latest News

    WINDHAM, N.H. — It’s pouring rain Saturday morning as New Hampshire Gov. Chris Sununu (R) arrives at Mary Ann’s diner in Windham, fielding calls...

    Stock

    Popeyes is expanding its menu beyond chicken sandwiches — and it’s a permanent change this time. The fast-food chain announced Wednesday it’s adding five...

    Disclaimer: Incomeinnovatorhub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 incomeinnovatorhub.com