General Motors (GM) is laying off approximately 1,000 employees globally, primarily impacting white-collar workers in the United States, as part of a strategy to cut $2 billion in fixed costs by the end of 2024. The layoffs are part of GM's efforts to streamline operations and focus on its transition to electric vehicles (EVs) amidst a competitive global market. Despite previous cost-cutting measures, including voluntary buyouts and earlier layoffs, GM faces financial pressures from high operational costs associated with EV production. This move aligns with GM's strategic priorities to optimize for speed and excellence by ensuring an efficient team structure. The company continues to invest in EV technology and infrastructure while managing the slow growth in EV sales, which are still expected to surpass last year's record. GM's global workforce remains substantial, with the largest concentration of employees at its technical center in Warren, Michigan.