GM cutting hundreds of jobs at Ohio plant

General Motors plant leaders in Lordstown, Ohio, told the facility on Friday that "one of two shifts" will begin to be eliminated in June, resulting in the cut of "several hundred jobs," CNBC reports.

Why it's happening: Per CNBC, the move isn't necessarily surprising given the decline in sales for certain models. The plant in Ohio focuses only on the Chevy Cruz while Cruz sales fell 28% this year, CNBC reports.