Catherwood LibraryILR School

General Motors announced yesterday it would be cutting nearly 15,000 jobs at five North American factories it intends to close, due to declining sales for traditional motor engine cars, as it seeks to switch gears to hybrid and electric car production. This would be the biggest restructuring the company has faced since its bankruptcy in 2009. President Trump, who has advocated for increased manufacturing and for whom Ohio is a key state in the 2020 presidential election, was critical of the move. The United Auto Workers (UAW) union promised to fight the labor cuts as while some GM workers will find jobs at other factories, most will be facing uncertain futures. The salaried workforce, which includes engineers and executives, will also shrink by 15 percent, roughly 8,000 jobs.