Streamlining operations and refocusing on efficiency is an overarching tech theme of 2023, epitomized by Meta CEO Mark Zuckerberg last month when he declared this would be the company’s “year of efficiency.” But the auto industry is also making moves to become leaner and meaner as the electric vehicle revolution beckons—even if it means slashing jobs.
General Motors, one of the country’s largest and oldest car companies, is kicking off its own path to efficiency and cutting expenses this year, starting with reducing hundreds of executive-level and salaried jobs, the company told staff.
