Gm Layoffs 2024au. Gm streamlines software and services unit, lays off 1,000. Gm said tuesday that the offers will save about $1 billion per year in costs, about half of the $2 billion it wants to cut annually by the end of 2024.

There is a noticeable drop in domestic demand for evs in 2024, and the increasing threat from other new entrants from asia, with evs costing fraction of the. A letter from ceo mary barra sent to gm workers on thursday offered buyouts to many of its 58,000 employees, saying the company plans to trim $2 billion in fixed costs over the next two years.