General Motors Co. is cutting an unspecified number of salaried and executive staff positions as part of what it says is an effort to lower costs, improve performance, and beat the competition.
General Motors chief people officer Arden Hoffman made the announcement in a memo to employees published by Reuters.
The Epoch Times cannot confirm the authenticity of the memo.
“To deliver on our commitments and to beat the competition, we need to have the winning team, bar none. We need a culture shift that enables us to hold ourselves accountable for achieving the higher levels of operating that are now required,” Hoffman said….