GM layoffs may be fewer than first feared.
General Motors says it’s beginning to send formal notices to U.S. government agencies of its plan to close auto plants and cut jobs.
The statement said 2,800 hourly U.S. workers at four plants that will end production next year are eligible for new jobs at other plants.
GM said it currently has 2,700 current open positions at seven plants in Indiana, Ohio, Kentucky, Michigan, Tennessee and Texas.
GM said more than 11-hundred employees at plants losing production have volunteered to transfer to other GM U.S. plants, while 1,200 are eligible to retire.
With normal attrition rates, GM says it’s confident that all affected hourly workers will be eligible for another job if they’re willing to move to another plant.