Manufacturing

Automakers cutting 80,000 jobs globally as EV shift upends industry

GM UAW strike
GM’s more than 46,000 U.S. hourly workers staged a 40-day-long strike this fall — the longest against the company in almost half a century — but managed to coax the company into keeping open only one of the four American factories it made plans to shutter a year ago.
CR
By:
CHRISTOPH RAUWALD, DAVID WELCH and ANURAG KOTOKY
B
By:
Bloomberg
|
December 04, 2019 04:32 PM

It’s turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler AG and Audi announcing almost 20,000 job cuts in just the past week.

Staying current is easy with newsletters delivered straight to your inbox.