GM Cuts 1,300 Michigan Jobs as Camaro and Bolt Production Ends

1 min read
Source: New York Post
GM Cuts 1,300 Michigan Jobs as Camaro and Bolt Production Ends
Photo: New York Post
TL;DR Summary

General Motors (GM) is laying off 1,300 workers at two Michigan auto factories in early January. The Orion Assembly plant, which currently produces the Chevrolet Bolt EV, will be converted for electric truck production starting in late 2025, resulting in 945 layoffs. Additionally, 350 workers at the Lansing Grand River plant will be laid off due to the end of Chevrolet Camaro production. GM has delayed production of electric pickup trucks at the Orion plant by a year. The affected employees will be offered positions at other factories. GM shares closed down 1.4% at $35.73 on Friday.

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