(ABC NEWS)- General Motors is laying off 15 percent of its salaried workers and shuttering five plants in North America, the Detroit automaker announced on Monday.
The company said it was “transforming its global workforce to ensure it has the right skill sets for today and the future, while driving efficiencies through the utilization of best-in-class tools.”
“The actions we are taking today continue our transformation to be highly agile, resilient and profitable, while giving us the flexibility to invest in the future,” GM Chairman and CEO Mary Barra said. “We recognize the need to stay in front of changing market conditions and customer preferences to position our company for long-term success.”
The three assembly plants that will close are: Oshawa Assembly in Oshawa, Ontario, Canada, Detroit-Hamtramck Assembly in Detroit, and Lordstown Assembly in Warren, Ohio.
This is a developing story.