GM to lay off about 4000 salaried workers

Venus Walker of Warren Ohio and a GM employee with 12 years at the Lordstown plant prays during a vigil outside the Lordstown GM plant on Nov. 29 2018

Black Monday GM to Layoff 4K American White Collar Workers William D. Lewis The Vindicator via AP1 Feb 2019

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Layoffs start Monday as part of the previously announced 15 percent reduction in white collar jobs in North America, according to CNN.

GM is trying to free up $6 billion a year to invest in new auto technology like electric and self-driving vehicles.

The automaker announced cuts in November, including the closure of its Oshawa, Ont., plant, in a move expected to save the GM billions of dollars and help it prepare for an expected slowdown of the US automotive market during the next several years.

GM is moving to more high-tech vehicles, Kudla says.

Trump has said that he let GM CEO Mary Barra have it during a telephone call in which he was "very tough". And he claimed GM would soon announce steps that could counteract the effect of the plant closures, though what those actions are remain unclear.

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Trump, who made a 2017 speech near GM's Lordstown Assembly plant in OH, said in November the company had "better" find a new product for that plant. A senior administration official said Friday the speech's theme would be "Choosing greatness".

Numerous layoffs will happen at GM's technical center near Detroit. More than 6,200 jobs are at stake.

Beyond the salaried workers who face job cuts, another 6,000 hourly workers at the five plants could still find their positions in jeopardy because of the restructuring.

Local 4 has learned the severance packages are similar to the ones offered in the voluntary round, which means six months of severance pay and health care for those with 12 years of service or more.

That leaves the remainder of the 8,000 planned job cuts to be accomplished with the involuntary layoffs.

Analysts expect lower earnings when GM reports financial results on Wednesday.

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