GM lays off 1000 in Brazil

GM has confirmed 1053 workers at a Brazilian factory will lose their jobs.

The Brazilian affiliate of US carmaker General Motors has confirmed the layoff of more than 1000 employees from a factory in Sao Jose dos Campos in Sao Paulo state.

The decision will affect 1053 workers, a number that includes employees who had already joined the Voluntary Resignation Program, or PDV, last year, the director of international affairs at General Motors, Luiz Moan, told reporters.

Employees who did not join the program were informed of their coming layoff during the last week of December, according to local media.

"There's not the slightest chance of reversing the situation," the director of international affairs said after meeting with Finance Minister Guido Mantega.

The plant, which manufactured the Classic model, ended production in August last year, Moan said.

According to the director, General Motors gave employees a paid leave of absence from August 2013 until December 31 in compliance with the terms agreed upon with the union.


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Source: AAP


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