[Newsmaker] GM to lay off up to 14K workers, close as many as 5 plants
World BusinessNov 27, 2018
DETROIT (AP) — General Motors will cut up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles, the automaker announced Monday.The reductions could amount to as much as 8 percent of GM’s global workforce of 180,000 employees.The restructuring reflects changing North American auto markets as manufacturers continue to shift away from cars toward SUVs and trucks. In Oct