General Motors will reduce the number of workers in its downtown Detroit Renaissance Center headquarters, although the automaker says that it will maintain a major presence at the iconic building on the city’s riverfront.
GM employs more than 4,000 workers in the Renaissance Center, which it also owns and operates. The exact number of employees who will be moved to different locations rests on a decision made by the Michigan Economic Growth Authority, which is meeting today to decide if it will approve a series of tax incentives for GM.
According to the Detroit News, GM has excess capacity for employees at all of its facilities, most notably at its Warren, Michigan, technical center complex. The company would likely move its jobs that directly relate to its automotive business to either Warren or another facility in Pontiac, Michigan, leaving its finance arm in Detroit. GMAC has said that it intends to remain at the RenCen.
Earlier this year, Warren’s mayor made a significant effort to convince GM to relocate its headquarters, but the automaker said it would remain in Detroit. A move away from Detroit, even to a suburb, would be considered a major blow for a city that is already $300 million in the red.
