General Motors (GM) has seen its stock price rise by 4.20% following recent news of a restructuring at its tech center in suburban Detroit. The company announced it will eliminate more than 200 salaried jobs as part of this plan, with the goal of streamlining its design-engineering team through computer-aided design position cuts.
Source: https://www.wsj.com/business/autos/gm-cuts-more-than-200-white-collar-jobs-in-detroit-27bf0190