Furthermore, GM is aiming to reduce workforce by 14 percent worldwide, which means around 10,000 employees will be forced to leave the company by June 1. Overall, the company intends to lay off 37,000 hourly jobs by the end of the year, Autonews wrote today.
In a letter sent to the employees, Troy Clarke, GM North American President, said the company is analyzing every single aspect of the company and reducing workforce in the United States is nothing more than a way to remain in business and become competitive.
Here's the complete letter sent to employees on Monday (as published by Autonews):
Dear U.S. Employees,
In these unprecedented times, GM is reinventing every aspect of our business, including our organizational size and structure, to create a lean and agile company.
This week, most functions will be informing select employees that they will be separating from GM as part of the restructuring of our organization. In total, we expect about 1,600 employees to leave the company over the next few days. This will be a very trying time for the entire GM team, but especially for those employees directly impacted by these actions. Even for those employees staying, it will be difficult to see friends and co-workers leaving our company.
Our primary goal is to ensure that we treat those impacted with respect and dignity. To that end, our leadership team has received training to ensure we handle the notification process consistently. We value the many contributions of our impacted team members, and we are doing our utmost to provide them with resources and support throughout this process.
These are difficult actions. However, given the economic realities facing GM, these actions are necessary to help ensure the long-term viability of our company.
Thank you all for your ongoing support during these challenging times.
Troy Clarke
President
GM North America
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