Detroit automaker, General Motors (NYSE:GM) is set to lay off 1,314 employees across two Michigan factories. This move comes as the company prepares up to cease production of its Camaro muscle car and adjusts the start time of electric truck production.
GM filed a WARN notice on Thursday indicating a reduction of 945 positions set to commence on January 1 at its Orion Assembly plant in Orion Township.
This decision aligns with GM's October announcement of postponing production for two all-electric pickups at the same plant by a year. Consequently, this delay will result in the factory's temporary closure by the year's end, leading to the relocation of approximately 1,000 employees to other GM facilities across the state.
In another WARN notice, the automaker announced a reduction of 369 positions at the Lansing Grand River Assembly/Stamping plant as GM ceases production of the Camaro muscle car manufactured at that facility. The layoffs will occur in phases, starting January 1st and concluding by March, as specified in the notice.
General Motors also announced layoffs impacting nearly one in 4 employees at their Cruise robotaxi unit, as the company continues to handle an ongoing safety investigation.
The announcement followed shortly after GM's decision to part ways with nine Cruise executives amidst a safety investigation, a move that notably included the departure of Chief Operating Officer Gil West.
Shares of GM are up 0.28% in pre-market trading on Friday.