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27 October 2025

Daily Newsletter

27 October 2025

GM makes hundreds of roles redundant – report

Most of the layoffs were at its Tech Center in Warren, Michigan, US.

Rachana Saha October 27 2025

American automotive manufacturer General Motors (GM) has cut more than 200 salaried positions, according to people familiar with the matter who spoke to Bloomberg.

Most of the layoffs were at its Tech Center in Warren, Michigan, US.

The affected employees were informed via a Slack channel that the layoffs were the result of “business conditions” and not individual performance.

GM has been implementing cost‑saving measures as manufacturers adapt to a changing policy environment in the US.

US President Donald Trump’s tariff measures have raised costs that have largely not been passed on through higher vehicle prices.

Some automotive manufacturers are scaling back investments in electric vehicles (EVs) as sales have slowed amid reductions to government incentives.

When selecting roles for elimination, GM reviewed its white‑collar workforce to identify duplicate positions and opportunities for greater efficiency, one source said.

The job cuts come days after the company raised its full‑year guidance.

GM now expects adjusted earnings before interest and taxes (EBIT) of $12bn to $13bn and adjusted earnings per share (EPS) of $9.75 to $10.50, up from prior estimates of $10bn to $12.5bn for adjusted EBIT and $8.25–$10 for adjusted EPS.

In its third quarter of 2025 results, GM reported a 57% decline in net income to $1.32bn, down from $3.05bn a year earlier.

Revenue slipped slightly to $48.59bn from $48.76bn year‑on‑year, and adjusted EPS fell to $2.80 from $2.96 in the third quarter of 2024.

In a separate development earlier this month, GM unveiled its intention to debut a fully autonomous vehicle in 2028, beginning with the Cadillac Escalade IQ electric SUV, which will be the first model to feature “eye-off” driving on highways.

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