General Motors Lays Off About 1,000 Workers, Cutting Costs to Compete in Crowded Automobile Market

The Chevrolet logo is seen at a new and used vehicles dealership in Palatine, Ill., on March 20, 2024. Nam Y. Huh/AP Photo

DETROIT—General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.

The workers, mostly white collar, were notified about the decisions early Friday. The company confirmed the layoffs in a statement but gave few details.