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GM Lays Off 1,700 Workers Amid Electric Vehicle Market Slowdown

GM Lays Off 1,700 Workers Amid Electric Vehicle Market Slowdown

BUSINESS - 10/29/2025

In a significant move, General Motors has laid off around 1,700 workers at its Michigan and Ohio plants due to a slowdown in the electric vehicle market. The company aims to realign its EV capacity amid evolving regulations and declining consumer incentives.

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