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July 17, 2015

THAILAND: GM to cut 500 jobs

US automaker General Motors is cutting 500 jobs at its Thai subsidiary, GM (Thailand), as part of a regional restructuring plan announced in February.

US automaker General Motors is cutting 500 jobs at its Thai subsidiary, GM (Thailand), as part of a regional restructuring plan announced in February.

The company’s current workforce of 3,000 will be reduced to 2,500, mainly through voluntary redundancies at its engine and vehicle assembly plants in Rayong and at head office in Bangkok.

The company has just stopped production of the Chevrolet Sonic to focus more on SUVs such as the Trailblazer and Captiva plus the Colorado pickup truck. The Cruze compact car remains in production for the moment.

These vehicles are also exported to other Asia-Pacific markets, including Australia, New Zealand, Indonesia, Vietnam, the Philippines and Malaysia – and also to the Middle East.

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