G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
NegativeTechnology

General Motors has announced it will cut 1,750 jobs in its electric vehicle division, a move that follows the recent elimination of a significant $7,500 federal tax credit for electric cars. This decision impacts factories in Michigan, Ohio, and Tennessee, highlighting the challenges the automotive industry faces in transitioning to electric vehicles. The layoffs raise concerns about the future of jobs in this sector and the broader implications for the economy as companies adapt to changing regulations and market demands.
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