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At Close: Jun 05, 2026
Cruise is in danger of becoming GM's latest trendy venture that doesn't pay off
12:54pm, Friday, 15'th Dec 2023
Cruise has quickly gone from one of GM's greatest business opportunities to a massive liability.
GM to layoff 1300 workers at Michigan plant in early 2024
11:05am, Friday, 15'th Dec 2023
General Motors (GM) will be laying off about 1,300 workers at two plants in Michigan. The move comes after GM announced it would be delaying the production of its electric pickup trucks to 2025.
General Motors Layoffs: What to Know About the Latest GM Job Cuts
10:12am, Friday, 15'th Dec 2023
General Motors (NYSE: GM ) layoffs are a hot topic on Friday as one of the big three automobile manufacturers in the U.S. announced new job cuts. Two new filings from General Motors with the Michigan
General Motors to lay off 1,300 employees at Michigan plants
08:30am, Friday, 15'th Dec 2023
General Motors Company (NYSE:GM) will be laying off about 1,300 workers at two of its Michigan manufacturing plants early in the new year, the automaker said on Thursday. At its Orion Assembly plan
GM Lays Off More Workers. It's Bracing for Tougher Times.
05:52am, Friday, 15'th Dec 2023
Economic growth is set to slow, the excitement around electric vehicles is cooling and the company just got through a protracted labor dispute earlier this year.
Ford and GM Just Answered a Big Question. But Does That Make the Stocks a Buy?
05:31am, Friday, 15'th Dec 2023
Ford and GM anticipate costs increasing $8.8 billion and $9.3 billion, respectively. Labor costs aren't as big a factor as they were in the past.
GM to lay off about 1,300 in Michigan as Bolt, Camaro end production
10:49pm, Thursday, 14'th Dec 2023
According to filings Thursday with state regulators, the automaker will lay off 945 workers at its Lake Orion, Mich., facility, and 369 at its Lansing Grand River assembly/stamping plant.
GM to lay off 1,300 Michigan workers as vehicles end production
06:10pm, Thursday, 14'th Dec 2023
GM plans to lay off about 1,300 workers in Michigan early next year due to vehicles they produce ending production, the company disclosed in state documents.
GM Shares Jumped More Than 6%—Here's Why
05:55pm, Thursday, 14'th Dec 2023
GM (GM) shares jumped more than 6% Thursday after it said it would slash jobs at its autonomous vehicle division, Cruise, following an accident that led regulators to shut down the robo taxi service.
GM to lay off 1,300 workers at two Michigan plants - automaker
05:23pm, Thursday, 14'th Dec 2023
General Motors said on Thursday it is laying off 1,300 workers at two Michigan auto factories in early January.
Why Tesla's Cheap (2024 Outlook)
02:17pm, Thursday, 14'th Dec 2023
Investors using traditional valuation metrics to value Tesla are missing the point. As the automotive landscape continues to evolve toward electric vehicles, Tesla's innovative approach and global exp
General Motors Layoffs 2023: What to Know About the Latest Cruise Job Cuts
02:04pm, Thursday, 14'th Dec 2023
While shares of legacy automaker General Motors (NYSE: GM ) popped conspicuously higher, the underlying news wasn't great for employees of Cruise, GM's subsidiary that focuses on developing autonomous
GM Cruise executives booted out, 900 employees laid off as robotaxi probe deepens
01:57pm, Thursday, 14'th Dec 2023
General Motors Company's (NYSE:GM) Cruise robotaxi division has laid off 24% of its workforce, just one day after nine Cruise executives were dismissed following the start of a probe into the safety
GM's embattled Cruise robotaxi unit slashes 900 jobs after crash, alleged cover-up
01:34pm, Thursday, 14'th Dec 2023
General Motors' troubled Cruise autonomous vehicle unit is cutting over 900 jobs, about a quarter of its workforce, as it moves to reduce costs and remake itself after a series of safety problems in S
GM's Cruise robotaxi unit lays off 900 workers with investigation into San Francisco crash ongoing
01:01pm, Thursday, 14'th Dec 2023
General Motors' troubled Cruise autonomous vehicle unit is cutting over 900 jobs, about a quarter of its workforce, as it moves to reduce costs and remake itself after a series of safety problems in S
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