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GM bringing 1000 jobs to Michigan

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FLINT, Mich. — Shortly after General Motors confirmed the layoffs of thousands of workers at several plants across the country, the automaker announced it's bringing a thousand new jobs to a Michigan assembly plant.

GM said its adding those workers to its Flint assembly plant as it gets ready to launch the 2020 Silverado and GMC Sierra later this year.

Reuters is reporting GM will give priority in hiring to workers who were laid off at other plants.

GM started the process of cutting about 4000 white collar positions from its payroll on Monday.

In November, the company said it wanted to cut 8,000 salaried and contract workers so it can raise profit margins and invest more in autonomous and electric vehicles.

The company says 2,200 white-collar employees took buyouts, while another 1,500 contract workers were let go.

GM also plans to close one Canadian and four U.S. car factories, shedding another 5,000 jobs.

But 2,700 U.S. workers will be offered jobs at other factories.

GM says the layoffs are part of a restructuring will add up to $2.5 billion to its bottom line this year.