GM has said it will cut 744 jobs at one of its Brazilian plants due to slower orders.
The job cuts will take place at GM’s plant in Sao Jose dos Campos, where it employs about 8,900 workers and produces the Corsa, the Meriva and Zafira, as well as the Montana pickup.
“As a result of shrinking industrial activity in general, particularly in the automotive industry, forecasts for vehicle sales in the domestic market for the first quarter of 2009 are being revised,” the company said in a statement.
The local metalworkers union has said it is yet to decide on possible strike action to protest the cuts.
BRAZIL: GM cuts workforce in Brazil
GM has said it will cut 744 jobs at one of its Brazilian plants due to slower orders.