General Motors Co Plans More Than 14,000 Job Cuts, Seven Factory Closings

Car makers were facing these shutdowns whether they began making EV's or not.

General Motors Co GM Plans More Than 14,000 Job Cuts, Seven Factory Closings

By David WelchNovember 27, 2018, 1:36 AM GMT+10 Updated on November 27, 2018, 3:39 AM GMT+10

will cut more than 14,000 salaried staff and factory workers and close seven factories worldwide by the end of next year, part of a sweeping realignment to prepare for a future of electric and self-driving vehicles.

read the article @:

https://www.bloomberg.com/news/articles/2018-11-26/gm-to-cut-10-000-jobs-targets-5-factories-for-closing-next-year?srnd=markets-vp