Home Stock Market GM cancels 1,245 layoffs at factories in Brazil, union says By Reuters

GM cancels 1,245 layoffs at factories in Brazil, union says By Reuters

0
GM cancels 1,245 layoffs at factories in Brazil, union says By Reuters

[ad_1]

© Reuters. FILE PHOTO: The brand new GM emblem is seen on the facade of the Common Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Image taken March 16, 2021. REUTERS/Rebecca Cook dinner/File Picture

(Reuters) – Common Motors (NYSE:) will cancel 1,245 layoffs at its factories in Sao Jose dos Campos, Sao Caetano do Sul and Mogi das Cruzes within the state of Sao Paulo, the union representing metalworkers stated on Saturday.

The announcement was made a day after a Brazilian labor courtroom rejected the U.S. automaker’s request for an injunction to keep up the layoffs.

Saving the roles was a “historic victory” following a 13-day strike, the Sindmetal union stated in a press release, including that GM representatives will meet union leaders on Monday to verify the choice.

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here