GM to hire 3,000 new workers in tech push

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General Motors Co. said Monday it will hire 3,000 new employees through the first quarter of 2021 to “help transform the future of product development and software as a service.” The new hires will come from engineering, design and IT fields, showing the company’s commitment to further develop software and become “a software expertise-driven workforce,” GM said. The car maker surprised Wall Street last week with a third-quarter profit well above expectations and sales that were slightly better than forecast. GM executives said they expect to restore the company’s dividend by mid-2021. Shares of GM have gained nearly 8% so far this year, compared with gains around 11% for the S&P 500 index.
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