Published: Mon, February 04, 2019
Markets | By Otis Pena

GM set to begin 4,000 white collar layoffs on Monday

GM set to begin 4,000 white collar layoffs on Monday

General Motors has acknowledged the beginning of its plan to lay off 4,000 white-collar workers.

The layoffs are part of a 15% reduction in white collar jobs in North America that the automaker first announced back in November.

"You know, the United States saved General Motors, and for her to take that company out of OH is not good", Trump said in November.

Since then, the company has cut about 1,500 contract jobs and more than 2,250 workers have taken a voluntary buyout, the report said.

A source inside this company assured NBC News that while these layoffs were bad, they would not be as bad as "Black Friday", referring to the massive layoffs that occurred before GM filed for bankruptcy in 2010.

The restructuring also includes the planned shutdown of the company's Oshawa Assembly Plant at a loss of about 2,600 unionized jobs and four other plants in the U.S.

"We've indicated that the involuntary reductions would happen in the first quarter", GM spokesman Pat Morrissey told the newspaper.

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The automaker says it has largely completed salaried job cuts in Canada, and most of those threatened with layoff here have accepted an incentive package to leave.

GM said that the employees who are laid off will be offered severance packages and job placement services.

The layoffs were first announced in November, along with plans to close four plants - two in MI, one in OH, and one in Ontario.

The cuts come after GM's November announcement of dramatic restructuring.

The GM plant in Lordstown, Ohio, is one of the four USA sites affected, CNN reported.

Last month, Comprehensive Logistics said it would cease operations at its facility in Lordstown that provides logistics and warehousing, impacting about 180 jobs.

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