--General Motors will start laying off about 1,500 employees in Thailand in June, Reuters reported Wednesday, citing a Thai government official.

--GM agreed earlier this week to sell its Thai manufacturing facilities to China's Great Wall Motor, a deal that didn't include the transfer of employees, Reuters said, citing an adviser to the labor minister.

 

Full story: reut.rs/39MYVUs

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

February 19, 2020 05:29 ET (10:29 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
General Motors (NYSE:GM)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more General Motors Charts.
General Motors (NYSE:GM)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more General Motors Charts.