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Investing.com -- General Motors (NYSE:GM) has announced temporary layoffs for approximately 200 workers at its Factory Zero plant in Detroit. The company made the announcement on Thursday, stating the move is a response to adjusting production to coincide with market dynamics.
The layoffs are not related to any newly imposed auto tariffs, a company source clarified. The affected plant, Factory Zero, is the production site for a variety of all-electric vehicles, including the Chevrolet Silverado EV, GMC Sierra EV, Hummer EV SUV and pickup, and the all-electric Escalade IQ.
The Factory Zero plant, according to the information available on the company's website, employs about 4,500 workers. The temporary layoffs represent a small fraction of the plant's total workforce. The company has not provided further details on the duration of the layoffs or any specific plans for the affected workers.
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