GM is eliminating about 700 factory jobs in Tennessee because of a drop in sales it is blaming on the Covid-19 pandemic
The company is eliminating the third shift of workers at a plant as of July 31 in Spring Hill, Tennessee, about 40 miles south of Nashville. The layoffs will leave 3,000 workers still employed at the plant, which makes the Cadillac XT5 and XT6 SUVs as well as the GMC Acadia.For GM and other US automakers, which report second-quarter sales next week, this is apparently another sign of weakness in demand for new cars.
"We believe the best way to react to this unforeseen change in our market is to reduce output and operate on two shifts effective immediately. This adjustment allows the plant to maintain stable production, protect the value of our brands in any sales environment, and to provide the smallest impact to plant employment going forward.
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