NEW YORK (CNNMoney) - General Motors is cutting factory jobs again

  • NEW YORK (CNNMoney) - General Motors is cutting factory jobs again

NEW YORK (CNNMoney) - General Motors is cutting factory jobs again

The automaker did not put a number on exactly how many jobs it is cutting, but it is slashing roughly half the almost 600 workers at its Warren transmission plant.

There are about 730 hourly and salaried employees at the Macomb County plant.

The company is citing the recent reduction in passenger auto production as a reason for the move. "Warren Transmission Operations will operate on one shift, building fewer transmissions each day".

NEW YORK (CNNMoney) - General Motors is cutting factory jobs again

In a statement, GM says this will maintain more stable production and provide the smallest impact on plant employment going forward. "We are not providing more detail about our plans for competitive reasons".

The Warren plant, near Detroit, builds transmissions for 11 GM models, including drive units for two electric-powered vehicles.

GM has eliminated a shift at a USA plant five times since November for a total of about 5,000 jobs lost in MI and Ohio, CNN Money reported. There's now two shifts at the plant, which is on Mound Road at 9 Mile Road. But it leaves GM more vulnerable to declining demand than many of its competitors, at a time when industry sales have declined for four consecutive months.