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Positive Picture Emerging from Q3 Earnings Season
ZACKS· 2025-10-30 08:31
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>Here are the key points:For the 222 S&P 500 members that have reported Q3 results, total earnings are up +10.7% from the same period last year on +8% higher revenues, with 83.8% beating EPS estimates and 77.9% beating revenue estimates. The proportion of these 222 index members beating both ...
GM lays off about 1,750 employees amid 'slower near-term EV adoption' and 'evolving regulatory environment'
Business Insider· 2025-10-30 03:38
General Motors is temporarily cutting about 5,500 roles as it makes changes to its EV strategy. Roughly 1,750 of those employees will be laid off indefinitely. On Wednesday, GM confirmed that it was "rerating" its Factory Zero plant in Detroit, Michigan, to downsize from two shifts to one. Of the roughly 3,400 workers furloughed from the plant over the summer, 2,200 will return, while 1,200 will be placed on indefinite layoff.The 2,200 workers will return on January 5, 2026. "In response to slower near-te ...
GM lays off 1,700 in Michigan and Ohio amid slower EV demand
New York Post· 2025-10-30 03:22
NEW YORK — General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio, as the auto giant adjusts to slowing demand for electric vehicles.The Detroit News first reported the cuts on Wednesday — covering about 1,200 jobs at an all-electric plant in the Detroit area and 550 workers at Ultium Cells battery cell plant in Ohio, in addition to hundreds of other employees slated for temporary layoffs. GM later confirmed the news to The Associated Press.General Motors is laying ...
G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
Nytimes· 2025-10-30 02:48
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. ...
GM Laying Off 1,700 At Electric Vehicle And Battery Plants, Citing ‘Slower' EV Adoption
Forbes· 2025-10-30 02:11
ToplineGeneral Motors will lay off about 1,200 workers at its electric vehicle plant in Detroit, the automaker told multiple outlets on Wednesday, as well as 550 at a battery facility in Ohio as the company responds to “slower” electric vehicle adoption.The job cuts will take place at an EV plant in Detroit and a battery plant in Ohio.Getty Images ...
特朗普政策冲击电动车业务,通用汽车裁员1700、5500员工无薪休假
华尔街见闻· 2025-10-30 02:07
周三通用汽车向媒体确认,在美国密歇根和俄亥俄两个州共计裁员约1700人。其中,在密歇根州底特律 的电动车工厂裁员约1200人,在俄亥俄州Ultium电池工厂永久性裁员550人、临时裁员850人,此外,田 纳西州的Ultium电池工厂将临时裁员700人。 从电动车税收抵免被取消到提高汽车行业关税,特朗普政府的政策转向迫使美国老牌车企通用汽车大幅 收缩电动车业务,数千名工人因此失去工作或被迫休假。 美东时间29日周三,据报道通用汽车通知旗下三家工厂,约5500名员工至少暂时被解雇,让员工无薪休 假,原因是公司正在重新评估电动车的产量需求。同日又传出通用汽车裁员上千人的消息,波及电动车 生产线和电池工厂。 这些临时和永久性裁员凸显出特朗普政府政策对传统车企电动化战略的冲击。美国联邦政府对购买每辆 电动汽车最高给予消费者7500美元的税收抵免于今年9月末正式取消,关税政策又推高了生产成本,令 通用汽车不得不在成本压力和需求疲软的双重夹击下大幅调整业务。 电动车工厂用工大缩减 电池工厂暂停生产 通用汽车底特律Factory Zero工厂的境况最为严峻。该厂生产电动雪佛兰Silverado、GMC Sierra及悍马电 ...
GM cuts thousands of EV and battery factory workers
TechCrunch· 2025-10-30 02:05
裁员规模与范围 - 通用汽车在美国多个电动汽车和电池工厂裁减数千名员工 [1] - 位于密歇根州底特律的电动汽车工厂约有1200名员工被安排“无限期裁员” [2] - 位于俄亥俄州和田纳西州的Ultium Cells电池工厂也进行了进一步裁员和临时裁员 [2] 工厂运营调整 - 上述电池工厂将从1月5日起闲置 [2] - 计划在2026年中期恢复电池工厂的生产 [2] 近期业务调整与财务影响 - 此次裁员发生在公司宣布对部分白领员工进行裁员的几天后 [3] - 公司因调整电动汽车计划而宣布遭受16亿美元的重大财务冲击 [3] - 公司近期终止了BrightDrop商用电动货车项目 [3] 行业背景与战略转变 - 公司及其许多竞争对手在美国正减少对电动汽车的推广力度 [3] - 这一战略转变源于联邦税收抵免政策的取消以及对内燃机车辆监管限制的放宽 [3]
通用汽车宣布裁减数千名美国工厂员工
格隆汇APP· 2025-10-30 01:01
公司裁员行动 - 美国通用汽车宣布裁员 涉及美国境内数千名电动车及电池工厂员工 [1] - 底特律地区全电动车工厂将裁员约1200人 [1] - 俄亥俄州合资电池工厂Ultium Cells裁员550人 另有850人将暂时解雇 [1] - 田纳西州Ultium Cells工厂将暂时解雇700名工人 [1] 行业市场背景 - 美国电动车市场增长放缓 [1] 公司生产调整 - 公司将缩减生产规模 采用单班制 [1]
General Motors Lays Off Thousands of Electric-Vehicle Workers in U.S. Plants
WSJ· 2025-10-30 00:16
The automaker is also cutting 550 jobs at its battery plant in Ohio. ...