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.
