Gm Us Job Cut

General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce because of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles.

Approximately 160 employees will be laid off during 2015 at a factory in Orion, Michigan to "better align with market demand," the company said in an email to AFP, and a plant in Lansing, in the same state, will eliminate 350 of its 1,500 positions for the same reason.

General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce because of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles.

Approximately 160 employees will be laid off during 2015 at a factory in Orion, Michigan to "better align with market demand," the company said in an email to AFP, and a plant in Lansing, in the same state, will eliminate 350 of its 1,500 positions for the same reason.