Mounting auto industry layoffs underscore rocky EV transition, UAW contracts

“Mounting auto industry layoffs πŸ˜” highlight challenges in EV transition. πŸš—πŸ’Ό Underwhelming EV sales prompt layoffs despite costly UAW contracts. #AutoIndustry #EVTransition”

The Detroit 3 and their suppliers have implemented thousands of layoffs over the past few months in the wake of entering costly UAW contracts and confronting the reality of underwhelming EV sales

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