Transcript for 'Start Here' podcast: About 14,000 GM workers to lose their job
And GM says its plan will help save the company six billion dollars by 20/20. About 3000 workers who. Lose their jobs will be eligible for positions in areas where GM is expanding operations in it all amounts though. To lot of uncertainty during the holidays ABC's Brett milky looking into it Brett. AS DF for awhile now you've had auto industry experts saying it doesn't matter who's in charge this industry is about to transform. Apple we might have dissing mystique peek of what that could look like Jim took five plants in Michigan Maryland in Canada. It's a this cars you make the Chevy and Paula the Chevy cruise the Buick LaCrosse. Well we're gonna make those there anymore we're probably neck and replaced them either so I talk to Michelle Krebs who writes for auto trader. I said but around I seat plenty of cars plenty of demand when GM looks around. One of AC. I think there's two things there's the short term this change change and what people are buying and also. Softening. A North American market and a downturn in the Chinese market. And terrorists and such so that are affecting the bottom line. Longer term General Motors has made it very clear it intends to be first and a leader. In autonomous vehicles and electric vehicles. And they're spending a ton of money. And research and development in those areas now. The need that. Profits from their current business to finance those future technologies because her right now they're spending money on those they're not making money on those. And one other thing we talked about guys with autonomous vehicles and the sharing economy there could certainly be less reasons to own a car but. Auto workers in Detroit and elsewhere say they are not going quietly they're challenging GM. To replace those jobs well have a lot more on reaction to this on start here later this morning listen on apple podcasts where your favorite podcasting app. Canvassed and a mistress a tough decision that situation all around Brad thank you.
This transcript has been automatically generated and may not be 100% accurate.