Business ❯ Economics ❯ Labor Market ❯ Layoffs

Workforce Reduction

GM Scales Back EV Push With 3,300 Job Cuts and 2026 Battery Pause

GM attributes the cuts to slower adoption following the end of federal EV credits.

Rivian Cuts About 600 Jobs, Reshapes Sales and Marketing Ahead of R2

Novo Nordisk to Cut 9,000 Jobs in Global Restructuring