​GM Continues Reversing Pandemic Hiring Spree With 1,000 Layoffs Of Tech Workers  – Tyler Durden

GM Continues Reversing Pandemic Hiring Spree With 1,000 Layoffs Of Tech Workers  General Motors continues reversing its pandemic-era hiring spree, during which it hired thousands of engineering and software development employees to bolster its ambitions in the electric vehicle space and connected-car services. As the downturn in the EV market persists, consumer demand weakens, and recession risks rise, the legacy automaker is preparing to cut at least a thousand tech employees to streamline operations.  CNBC reported Monday that layoffs at GM will affect at least 1,000 salaried employees globally in its software and services division. The layoffs will include 600 jobs at the company’s tech campus near Detroit. This…  — Continue at ZeroHedge News : Read More