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GM is expected to start cutting 4,000 jobs



There is a black Monday for General Motors employees.

The car manufacturer is expected to start its next round of work cuts on Monday, but the car manufacturer apparently has fewer personnel reductions than expected. [19659003] MORE FROM FOXBUSINESS.COM

In November, GM said it needed to reduce its North American labor by approx. 8,000. About 2,250 salaried employees voluntarily take out a buyout, so as many as 5,750 employees still have to be cut.

But on Friday, a GM spokesman said the car manufacturer had trained around 1,500 contract jobs, which means that around 4,000 employees will be cut, according to Detroit Free Press.

Many salaried workers within GM have said they and their colleagues have been on sticks and needles for the past two months, since GM said it would make involuntary cuts. Those who spoke to Free Press did so on the condition of anonymity for fear of losing their jobs.

Employees said some departmental leaders have told workers to refrain from vacation planning for the first two weeks of February, an insinuation that involuntary cuts will be made at that time.

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Many of the GM hourly staff in the US and Canada have held protests and prayer vigils in a campaign to persuade the automaker to reverse their November 26 GM announcement to indefinite idle five plants in North America. More than 6,200 jobs are at stake.

GM said the decision to cut nearly 1

4,000 jobs and idle five factories in North America would save $ 2 billion to $ 2.5 billion in 2019.

GM is scheduled to release fourth-quarter earnings on Wednesday.


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