General Motors GM Layoffs Brazil Job Cut: fires 744 employees: Finance Trading Times

General Motors GM Layoffs Brazil Job Cut: fires 744 employees

In May 2008, there were news about GM Layoffs. Now there is some more addition to that. Amid threats of strikes from the workers unions, the General motors or GM in Brazil has decided to layoff some 800 workers. The auto sector is feeling the heat across the globe. As a measure, they are going for layoffs. The latest one to add to the list is, General Motors or GM, which has decided to go for layoffs in Brazil. General Motors GM  Layoffs

How many employees will be fired in the General Motors GM layoffs?
There will be around 744 job cuts at GM Brazil.

Will there be any plants closed by General Motors GM?
No. Only layoffs are planned as of now.

Which locations in Brazil will be affected by the GM layoffs
The job cuts will take place at GM's plant in Sao Jose dos Campos, where it employs about 8,900 workers and produces the Corsa subcompact model, the Meriva and Zafira minivans and the Montana pickup truck.

What are the primary reasons of General Motors GM layoffs?
The primary reason for layoffs is the declining sales and demand for GM.

Any other news about General Motors GM
There is a proposed strike called by the local metal workers association. The leaders are going to meet and take a decision about whether to go ahead with the strike or not.
Let's hope that alternative jobs are available to the affected employees of General Motors GM Layoffs Job Cut
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