General Motors Company (GM) announced plans to cut 500 jobs at its Oshawa, Ontario plant, moving back to a two-shift schedule due to decreased demand and US tariffs. The decision will impact up to 1,200 workers in the auto supply chain as GM scales back its Canadian operations.

Despite accusations of shifting production to the US, GM emphasized its ongoing investments in Canadian manufacturing, including a commitment of C$280 million. The company’s Oshawa plant will continue to build Chevrolet Silverado pickups, while other facilities evaluate future programs for truck and SUV engines.

GM designs, builds, and sells vehicles worldwide, but recent job cuts in Canada have sparked concerns about the company’s strategy amid evolving trade policies. While GM faces challenges, it remains committed to its Canadian manufacturing operations and ongoing investments in the country’s automotive sector.

Read more at Yahoo Finance: General Motors Company (GM) to Cut 500 Jobs in Canada as Oshawa Plant Scales Back Operations