General Motors has decided to move about 70 finance staffers from its New York treasury office to Detroit by mid-2014.
According to GM spokesman Dave Roman, the company offered 70 employees the opportunity to transfer.
GM plans to maintain its New York-based asset management team and other support staff. They will be moving to a new midtown Manhattan office in June.
“GM Treasury plays a critical role in the success of our company, and locating the team in Detroit will fully integrate them into our core business operations,” GM Chief Financial Officer Dan Ammann said in a statement.
Source: The Detroit Free Press
