GM to Lay Off 1,500 Plant Workers in Thailand, Reuters Reports

Date : 02/19/2020 @ 10:44AM
Source : Dow Jones News
Stock : General Motors Company (GM)
Quote : 24.06  0.93 (4.02%) @ 1:00AM
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Last $ 24.14 ▲ 0.08 (0.33%)

GM to Lay Off 1,500 Plant Workers in Thailand, Reuters Reports

General Motors (NYSE:GM)
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--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.

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