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August 20, 2024
2,000
jobs displaced
2 companies
General 1,000
GM cut 1,000+ software and services staff as it reassessed its digital transformation strategy. Internal memo: moving resources to 'highest-priority work and flattening hierarchies.' GM had over-hired for its Cruise autonomous vehicle unit (before Cruise's collapse) and software-defined vehicle initiatives.
General 1,000
1,000+ software and services staff let go as GM flattens hierarchies and re-prioritizes highest-value digital work.