GM lays off dozens in Israel as part of worldwide job cuts
GM lays off dozens in Israel as part of worldwide job cuts
The layoffs affect GM's critical software and services sectors, with a global impact.
The automotive giant General Motors (GM) has laid off dozens of its employees in Israel as part of a global workforce reduction. This move is part of a broader layoff process in which the company is cutting approximately 1,000 jobs in the software and services sector. GM currently employs around 800 people in Israel, where the local development center is considered one of the most important for the company. A significant portion of the layoffs will occur in Detroit, with additional cuts taking place worldwide.
GM employs approximately 76,000 people globally, so the layoffs represent less than 1.3% of the company's total workforce.
The GM Technical Center in Herzliya, led by Guy Daniely, specializes in advanced technologies including software and algorithms, machine learning, software defined vehicles, cybersecurity and user-facing applications for autonomous, electric and connected vehicles.
The investment arm of General Motors, GM Ventures, last month led a $39 million Series B round in Israeli auto-tech company Addionics.
General Motors Israel said in a statement: "The company is undergoing an organizational transformation to enable the swift and professional development of advanced systems for future electric, autonomous and connected vehicles. This is a global initiative that includes evaluating job reductions in Israel. The Israeli center continues to recruit for algorithm and software development roles, playing a pivotal part in shaping the future of transportation."
