ALBAWABA – General Motors, the American multinational automotive manufacturing company, announced the layoff of approximately 1000 employees in the United States to cut electric vehicle losses, targeting savings of $2–$4 billion by 2025. General Motors lays off employees General Motors announced the layoff of 1000 of its workers globally, with the majority based in the United States, according to Reuters. “We need to optimize for speed and excellence. This includes ...