GM poised to lay off more than 4000 workers on Monday

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Of the 18,000 staff members who were offered a voluntary buyout package, reportedly only 2,300 employees accepted the offer.

GM tech centers in Texas, Georgia, Arizona and MI are expected to be hit hardest this time around, as the overall plan will ultimately cut a total of about 15,000 jobs and end production at five North American plants.

The automaker is expected to start its next round of white-collar job cuts Monday, but the carmaker apparently has fewer staff reductions left to make than has been anticipated.

The job cuts are part of what GM describes as efforts to improve its operating efficiency. The company said half of the hourly workers are in Canada with the other half in the U.S. Most work on components for internal combustion engines and discontinued vehicle models.

In all, about 4,000 workers in its North American operations will be terminated, part of a broader series of cuts expected to save the automaker billions of dollars and help it prepare for an expected slowdown of the US automotive market during the next several years. It announced plans for an $11 billion restructuring last October and is expected to axe as many as 25,000 jobs, though a majority of those cuts are seen targeting Europe and other financially struggling markets.

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The layoffs were first announced in November, along with plans to close four plants - two in MI, one in OH, and one in Ontario.

GM said in November it would end U.S. and Canadian production of the Chevrolet Cruze, Volt, Impala, the Buick LaCrosse and the Cadillac XTS and CT6 sedans.

He said the company would face punishment for the closures, which included a plant in Lordstown, Ohio, that Trump personally promised to revive during the 2016 campaign. Along with letting workers go, GM is also closing four manufacturing plants in the United States and another in Canada.

"All of them are impacted", Rothenberg said.

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