GM to hire 8000 techies for its EV business

Its investment in four manufacturing facilities in Michigan will further create 4,000 new jobs and help retain 1,000

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General Motors Company (GM), the American multinational automotive manufacturing company, is planning to hire 8000 tech workers to push the manufacturing of electric vehicles. To make its offer competitive with Silicon Valley’s tech startups, GM is offering bonuses and stock options to the new joinees. Also, it will give flexibility to its employees allowing them the option to work from remote locations.

Recently, GM also announced its intention to invest $7 billion in four manufacturing sites in Michigan, which will enhance the capacity to manufacture battery cells and electric trucks. This investment will create 4000 new jobs and will retain 1000 jobs at GM, as per the Company.

This is “the next step in our continuous work to establish GM’s EV leadership by making investments in our vertically integrated battery production in the U.S., and our North American EV production capacity,” said Mary Barra, GM Chair and CEO.

This is the company’s way of “building on the positive consumer response and reservations for our recent EV launches and debuts, including GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Equinox EV and Chevrolet Silverado EV”.

The plan is to create “the broadest EV portfolio” and “further solidify our path toward US EV leadership by mid-decade,” added Barra.

Considering that three years ago GM had to retrench and shut many sites and businesses, this is a big reversal in hiring intent. In 2019, it had to lay off 8000 white- collared employees and thousands of factory workers. In 2020, GM had 68,000 salaried employees and with the recent hiring spree the headcount will cross 80,000 white-collared employees.

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