GM plans to layoff 2,000 employees
General Motors says it will layoff more than 2,000 employees while making investments in current plants.
According to a statement released on Wednesday, the company said the layoffs stems from a customer shift from cars to crossover and truck vehicles.
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 the first quarter of 2017.
GM said it will cut 810 hourly and 29 salaried employees in at its Lansing Grand River plant in Michigan, and it will cut 1,202 hourly and 43 salaried employees at its plant in Lordstown, Ohio.
Lansing Grand River produces the Cadillac ATS and CTS and the Chevrolet Camaro, The Lordstown plant produces Chevrolet Cruze sedans.
In addition to the layoffs, the company says it will invest $900 million in three facilities — Toledo Transmission Operations in Ohio, Lansing Grand River in Michigan, and Bedford Casting Operations in Indiana.