General Motors Cutting Salaried Employees, Executives as Part of ‘Structural Costs’ Reduction Effort

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Mich., on March 16, 2021. Reuters/Rebecca Cook/File Photo

General Motors Co. is cutting an unspecified number of salaried and executive staff positions as part of what it says is an effort to lower costs, improve performance, and beat the competition.

General Motors chief people officer Arden Hoffman made the announcement in a to employees shared with The Epoch Times by General Motors.