The electric vehicle industry has taken a hit since the government’s tax credit for new buyers was eliminated under the Trump administration. In response, manufacturers have been adapting in various ways. Now, one major player is significantly cutting back its workforce.
General Motors (GM) has confirmed layoffs affecting over 1,700 employees across its Michigan and Ohio locations, citing a slowing EV market as the cause. Of those impacted, 1,200 employees worked at the Detroit EV plant, while another 550 were based at the Ultium Cells plant in Ohio.
In addition to these permanent layoffs, GM has temporarily laid off 1,550 workers between the Ohio plant and a facility in Tennessee.
In a statement to CNBC, GM attributed the workforce reductions to shifts in the EV market. The company explained:
> “In response to slower near-term EV adoption and an evolving regulatory environment, General Motors is realigning EV capacity.”
Despite these changes, GM emphasized its ongoing commitment to the U.S. manufacturing footprint. The company expressed confidence that its investments and focus on flexible operations will make it more resilient and better equipped to lead through changing market conditions.
As the EV industry continues to evolve, GM’s strategic adjustments highlight the challenges and opportunities ahead for manufacturers in this rapidly transforming sector.
https://www.shacknews.com/article/146568/general-motors-1700-employees-laid-off