GM lays off 1,700 workers making EVs and batteries in Michigan, Tennessee

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Now we can see some of the impact of that realignment. According to The Detroit News, 1,200 workers are being laid off at GM’s EV-building Hamtramck Assembly Center near Detroit, which will move from two shifts a day to just one in early January.

Another 550 workers are being laid off at the Ultium Cells battery plant in Ohio; this is a joint venture with LG Chem and the plant will also stop production on January 5 until at least May.

Another 850 workers at the Ultium Cells…



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GM lays off 1,700 workers making EVs and batteries in Michigan, Tennessee



Now we can see some of the impact of that realignment. According to The Detroit News, 1,200 workers are being laid off at GM’s EV-building Hamtramck Assembly Center near Detroit, which will move from two shifts a day to just one in early January.

Another 550 workers are being laid off at the Ultium Cells battery plant in Ohio; this is a joint venture with LG Chem and the plant will also stop production on January 5 until at least May.

Another 850 workers at the Ultium Cells…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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