GM plans major restructuring of China operations, expected to cut jobs

General Motors is planning a massive structural overhaul of its China operations that is expected to result in job cuts. The move suggests that the Detroit automaker's sales may not return to their 2017 peak levels. GM is reportedly cutting staff in departments related to the Chinese market, including research and development. In the coming weeks, GM and SAIC will discuss possible capacity cuts as part of a strategic adjustment for U.S.-branded vehicles sold in China.