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General Motors (GM), one of America’s largest automakers, is announcing a new round of layoffs and job cuts. This is a significant move as the company works to restructure its business. Why GM is Cutting Jobs The job cuts are most likely part of a push to become more efficient and agile. This major shift…
German automaker Volkswagen (VW) is warning its employees about possible temporary plant closures. German newspaper Bild was the first to report this news. This move signals continuing trouble in the global car industry. The primary reason for the potential shutdowns is a severe shortage of semiconductor chips. VW’s production has been hit hard by these…
