General Motors (GM) is laying off nearly 1,000 employees globally, with most of the job cuts occurring in the United States. The Detroit-based automaker confirmed the layoffs, stating they are part of its ongoing effort to streamline operations and optimize for speed and excellence in a highly competitive market. GM emphasized that reducing its workforce aligns with its strategic goal of maintaining a robust position in the automotive industry, particularly as it pivots towards EVs and software development—sectors that come with high operational costs. As part of its financial strategy, GM is working to cut between $2 billion and $4 billion...