Suggesting Finance
No Result
View All Result
  • Login
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
Subscribe For Alerts
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
No Result
View All Result
Suggesting Finance
No Result
View All Result
Home Business

GM workers in Brazil go on strike in protest against layoffs

News Room by News Room
October 24, 2023
Reading Time: 2 mins read
0
GM workers in Brazil go on strike in protest against layoffs

Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out by the US-based automaker in the country, according to a union that represents them.

The strike for an “indefinite period of time” happens as GM announced it was reducing workforce at its three factories in Sao Paulo state after a drop in sales and exports, a move it dubbed “necessary” for its sustainability.

The Sindmetal union representing metalworkers at the Sao Jose dos Campos plant said workers had voted to enter a strike on Monday, adding that employees of the Sao Caetano do Sul and Mogi das Cruzes plants had also agreed to similar measures.

“The plant will only resume production after the job cuts are canceled and job stability is guaranteed for everyone,” the union said in a statement, arguing that the company had agreed to provide stability for employees until May 2024.

GM employs about 4,000 people in Sao Jose dos Campos, where it makes engines, gearboxes, the Trailblazer SUV and the S-10 truck, according to the union, which said some 1,200 workers previously had their contracts temporarily suspended.

Neither General Motors nor the union detailed how many workers had been laid off.

GM did not immediately comment on the strike but confirmed the layoffs.

“We understand the impact this decision might have on people’s lives, but the move is necessary and will allow the company to maintain the agility of its operations,” GM said in a statement.

Read the full article here

ShareTweetSendSend

Related Posts

A key source of America’s economic power strengthened last month
Business

A key source of America’s economic power strengthened last month

October 17, 2024
Fox anchor tasked with interviewing Harris has a history of appeasing network’s pro-Trump audience
Business

Fox anchor tasked with interviewing Harris has a history of appeasing network’s pro-Trump audience

October 16, 2024
Walgreens is closing 1,200 stores
Business

Walgreens is closing 1,200 stores

October 15, 2024
Bath and Body Works apologizes for selling candles that looked like Ku Klux Klan hoods
Business

Bath and Body Works apologizes for selling candles that looked like Ku Klux Klan hoods

October 14, 2024
Boeing strike has already cost the company and workers $5 billion, new analysis shows
Business

Boeing strike has already cost the company and workers $5 billion, new analysis shows

October 13, 2024
Influencers rode out Hurricane Milton for the content. Why are we watching?
Business

Influencers rode out Hurricane Milton for the content. Why are we watching?

October 12, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Suggesting Finance

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent Posts

  • Claire's files for bankruptcy again as teen retailer faces second collapse in seven years
  • Google commits $1B to train US college students in artificial intelligence over three years
  • Mortgage rates fall to lowest level of 2025

Categories

  • Banking
  • Business
  • Credit Cards
  • Crypto
  • Economy
  • Finance
  • Investing
  • Loans
  • Markets
  • Mortgage
  • Real Estate
  • Saving
  • Taxes
  • Uncategorized
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

© 2023 Suggesting Finance. All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto

© 2023 Suggesting Finance. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.