General Motors Co
VERIFIED 86% Confidence

General Motors Co. | Layoff Event

October 30, 2025 • 64 days ago
1,200 affected

Summary

General Motors announced layoffs impacting thousands of workers in October 2025, including approximately 1,200 employees at its EV factory in Detroit. Additional cuts affected engineers in Detroit and staff at a Georgia IT Innovation Center, as part of broader workforce downsizing efforts.

Layoff Details

Reason
Downsizing workforce
Affected Locations
Detroit, MichiganGeorgia
Affected Departments
EV factoryEngineeringIT Innovation Center
Job Levels Affected
engineer

Market Impact

These layoffs reflect ongoing adjustments within the automotive industry, particularly in the electric vehicle sector, as companies optimize operations and workforce size.

Industry Context

The automotive industry is undergoing significant transformation, with companies like General Motors making strategic workforce reductions to adapt to market demands and technological shifts.

Stock Performance Around Layoff

Sources (3)

1
2
Over 500 employees at Ultium laid off; production paused until January
Mahoning Matters • November 5, 2025 80% credible
3
General Motors Layoffs, exec exit in major EV shift
TheStreet • November 5, 2025 85% credible

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Recent General Motors Co. News

Stock Price

$73.52
GM
0.98% day

Company Info

Website
www.gm.com
Industry
Auto Manufacturers
Sector
Consumer Cyclical
Headquarters
Detroit, MI, United States
CEO
Ms. Mary T. Barra
Employees
162,000
View Company Profile

Event Snapshot

Employees Affected 1,200
Verification VERIFIED
No other canonical layoff events recorded for this company.

Financials

Market Cap $78.96B

Disclaimer

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