GM lays off 6,000 workers in Mexico due to parts shortage

This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEF903AQ_L.jpg

(Reuters) – General Motors Co (N:) said Tuesday an ongoing strike by U.S. workers has forced it to halt production at its pickup and transmission plants in Silao, Mexico, temporarily laying off 6,000 workers.

About 48,000 UAW members went on strike on Sept. 16 seeking higher pay, greater job security, a bigger share of the leading U.S. automaker’s profit and protection of their healthcare. Talks were ongoing on Tuesday. The strike has also forced GM to idle some Canadian workers and many suppliers have been forced to halt operations.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment