General Motors to Layoff 2,000 in First Quarter of 2017

General Motors(DETROIT) — General Motors announced plans to cut roughly 2,000 jobs in Michigan and Ohio early next year. In a company statement, GM cited decreasing demand and sales for the employment cuts.

“As the customer shift from cars to crossovers and trucks is projected to continue, GM will suspend the third shift of production at both facilities [in Lordstown, Ohio and Lansing Grand River, Michigan] in the first quarter of 2017,” the company said.

GM also plans to invest more than $900 million for “future product programs” in its Lansing Grand River plant and two others in Ohio and Indiana.

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