The full list of auto companies cutting jobs, including GM, Ford, and Stellantis

By Business Insider | Nov 26, 2024 at 12:47 PM EST

Automotive companies are facing challenges in profiting from electric vehicles, prompting cost-cutting measures and job layoffs. Major players like GM, Ford, Volkswagen, and Stellantis are adjusting their strategies amid slowing EV sales and market competition. Tesla, Nissan also announce significant job cuts due to market challenges.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.