Technology TechCrunch 103d ago

GM cuts thousands of EV and battery factory workers

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General Motors is cutting thousands of workers in its EV and battery factory divisions, with two battery factories set to be idled for the first half of 2026, indicating a potential slowdown in the company's electric vehicle production plans.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The automaker has been on a tear of cuts to its workforce, and will idle two battery factories for the first half of 2026.

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Original article published by TechCrunch on October 29, 2025.
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