The company is laying off salaried software and services workers, about 1.3 per cent of its 76,000 salaried workers across the world, CNBC reported, citing a source familiar with the matter. GM Canada’s executive director of communications Jennifer Wright told The Logic that “a small percentage” of its Canadian Technical Centre team will be affected. (CNBC, The Logic)
Talking point: Wright said the CTC will continue to employ over 1,200 engineers as the company tries to “prioritize the investments that will have the greatest impact.” The tech cluster—where software engineers tested electric vehicles in cold weather in Kapuskasing, Ont., and piloted advanced driver-assistance technology in Oshawa, Ont.—had grown to 1,360 salaried employees in 2023, up from 799 in 2020. But some of GM’s software plays—developing an alternative to Apple’s CarPlay, designing a custom Cruise Robotaxi and collecting more data—have been unpopular with consumers, and in the latter two cases, regulators. GM is also one of many automakers that’s slowed its EV manufacturing timeline. The company’s stock closed up nearly one per cent on the New York Stock Exchange Monday.