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GM plans to cut more than 14,000 jobs, close factories as downturn looms

First came the voluntary buyouts. Now, GM is ramping up its belt-tightening measures with cuts to factory and white-collar workers, plant closures in North America and the elimination of several car models as it tries to transform into a nimble company focused on high-margin SUVs, crossovers and trucks and investments in future products like electric and autonomous vehicles.

https://techcrunch.com/2018/11/26/gm-plans-to-cut-more-than-14000-jobs-close-factories-as-downturn-looms/

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