NYSE Post
  • Home
  • Business
  • Entertainment
  • Technology
  • Research
  • Sport
  • World Media
  • Health
  • USA
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Technology
  • Research
  • Sport
  • World Media
  • Health
  • USA
No Result
View All Result
NYSE Post
No Result
View All Result
Home Business

General Motors Company (NYSE:GM) confirms 1,000 job cuts in Brazil

Kevin Goodings by Kevin Goodings
11/29/2022
in Business
Reading Time: 2 mins read
0
0
SHARES
80
VIEWS
Share on FacebookShare on Twitter

Boston, MA, 01/06/2014 (NYSEPOST) – Mary Barra, is General Motors Company (NYSE:GM)’s new Chief Executive Officer. She is extremely driven to make a few changes to the largest automaker in Detroit. The 51-year old Barra is a 33 year veteran in the field. She is also the 1st woman to head an international automaker. What is even more notable is that she is only the 2nd engineer to be at the helm of General Motors Company (NYSE:GM) since the World War II. And insiders CEOs like Barra

General Motors Company (NYSE:GM)’s, Brazilian affiliate has now confirmed the layoff of over 1000 employees from its factory located in Sao Jose dos Campos, which is in the state of Sao Paulo. This latest decision will affect 1053 workers, and includes employees who had last year, joined the voluntary-resignation program of the company said Luiz Moan, director of international affairs at General Motors Company (NYSE:GM). This follows the decision that the company had taken last month to shut down its manufacturing operation in Australia, by 2017, a move that will affect 2,900 jobs.

The employees in Brazil who had not joined the program were told about the layoff in the last week of December said the local media. After his meeting with Guido Mantega, the Finance Minister of Brazil, Moan said that the company’s decision is final and that there will be no reversal regarding this issue. This plant used to manufacture the company’s Classic model and had discontinued its production in August. General Motors Company (NYSE:GM) gave employees  paid-leave of absence since August 2013 up until 2013 December in compliance with the terms that had been agreed with the worker’s union.

In separate news, the company has now reached a deal via which AT&T smartphone subscribers will be allowed  to add General Motors Company (NYSE:GM)’s new 4G-connected-vehicles to their mobile-data plans, this summer, when the company begins  delivering the 2015 model year vehicles.

Previous Post

United States Steel Corporation (NYSE:X): Changes In Executive Management

Next Post

Apple Inc. (NASDAQ:AAPL) loses overshadowed gains on Nasdaq- ADBE, AAPL, ORCL, YHOO, DELL, & MSFT

Next Post

Apple Inc. (NASDAQ:AAPL) loses overshadowed gains on Nasdaq- ADBE, AAPL, ORCL, YHOO, DELL, & MSFT

Leave a Reply Cancel reply

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

Kindle Charger Recall Over Electric Shock Fears

11/29/2022

Denis Obrien To Sell Topaz To a Canadian Firm

11/29/2022

Democrats, unions celebrate victories in Illinois primaries

11/29/2022

325m Circuit Of Wales Plans in EBBW Vale Pass Vital Hurdle

11/29/2022

Weight loss tips: Pasta does not actually fatten you!

11/29/2022

Himax Technologies, Inc. (NASDAQ:HIMX) enters into an agreement with Google Inc (NASDAQ:GOOG)

11/28/2022

Trump, still not conceding defeat, hails vaccine progress

11/28/2022

Mother Theresas Charity Closes Adoption Services in India

11/29/2022

Volkswagen scandal: Govt asks ARAI to inspect India-spec models

11/27/2022

Amazon pledges to bring device encryption back to Fire OS this spring

11/29/2022

Chuck Hagel gets grilled by Republicans in Senate hearing

11/28/2022

Hell To Pay Mayor Demands Accountability For Socal Gas Leak

06/18/2023

Deer Photobombs Baby’s Photo Shoot

11/29/2022

Scope Of Facebook Inc (NASDAQ:FB) In Mobile Ad Space

11/28/2022

Rogers Committing to More 4k TV For 2016

11/29/2022

#Condomchallenge: People drop water-filled condoms on their heads in new viral

11/29/2022
logo

Our next winner could be in your inbox tomorrow!

  • About us
  • Disclaimer
  • Contact Us

Categories

  • Business
  • Entertainment
  • Health
  • Markets
  • Politics
  • Research
  • Sport
  • Technology
  • USA
  • World Media

Recent News

Chuck Hagel gets grilled by Republicans in Senate hearing

11/28/2022

Trump, still not conceding defeat, hails vaccine progress

11/28/2022

© 2007-2025 All rights reserved - NysePost.com

No Result
View All Result
  • Home

© 2007-2025 All rights reserved - NysePost.com

Go to mobile version