General Motors (GM) Stock Declines 4.45% Following Major AI-Driven IT Restructuring

Key Highlights

• General Motors eliminated approximately 600 IT positions, representing over 10% of its information technology division
• The workforce reduction represents a strategic pivot toward artificial intelligence capabilities rather than simple cost-cutting measures
• Shares of GM declined 4.45% to reach $75.29 during trading on May 11
• The automaker is actively recruiting for positions in AI development, data engineering, and machine learning
• White-collar workforce reductions have occurred across multiple divisions throughout the last year and a half

Shares of General Motors tumbled 4.45% to settle at $75.29 on May 11 following confirmation that the Detroit-based automaker had eliminated approximately 600 salaried positions within its IT department — representing more than a tenth of its technology workforce.

General Motors Company, GM

Bloomberg initially broke the story, which GM subsequently verified in communications with TechCrunch.

This represents more than a simple reduction in workforce numbers. Sources with knowledge of the situation informed TechCrunch that the company is simultaneously conducting aggressive recruitment — but for entirely different competencies.

The positions General Motors is now seeking to fill emphasize AI-native software development, cloud-based infrastructure engineering, data pipeline architecture, machine learning model creation, autonomous agent development, prompt engineering capabilities, and emerging AI-driven workflows.

Essentially, GM seeks professionals capable of building AI systems from the foundation up — rather than employees who merely utilize AI tools for incremental productivity gains.

Ongoing Organizational Transformation

This marks another chapter in GM’s white-collar workforce adjustments. Back in August 2024, the automaker eliminated roughly 1,000 software engineering positions while concentrating resources on strategic initiatives.

Throughout the past eighteen months, General Motors has systematically reduced headcount across numerous departments while reallocating capital toward artificial intelligence and advanced software capabilities.

The transformation accelerated within GM’s technology operations following Sterling Anderson’s appointment as chief product officer in May 2025. Anderson, who co-founded the autonomous trucking company Aurora, brings extensive experience from the self-driving vehicle sector.

Anderson wasted little time consolidating the automaker’s previously scattered technology operations into a unified division. This restructuring resulted in multiple executive departures. Three senior technology leaders exited the organization last November.

The departures included Baris Cetinok, who held the position of senior vice president overseeing software and services product management, Dave Richardson, senior vice president responsible for software and services engineering, and Barak Turovsky, who had served just nine months in the role of chief AI officer.

Strategic Talent Acquisition

General Motors has been systematically replacing departed executives with AI-specialized professionals.

Last October, the company secured Behrad Toghi — formerly with Apple — to serve as its AI lead.

Additionally, GM recruited Rashed Haq as vice president for autonomous vehicle development. Haq brings five years of experience from Cruise, General Motors’ self-driving division that was ultimately discontinued, where he directed AI and robotics initiatives.

The trajectory is unmistakable: General Motors is not simply adjusting its current organizational structure. The company is fundamentally reconstructing critical segments of its technology operations with artificial intelligence as the central focus.

GM stock concluded trading at $75.29 on May 11, representing a $3.51 decrease for the session, with extended-hours trading reflecting an additional modest decline to $75.06.

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