General Motors is offering buyouts to some of its Brazilian workers, a local union said on Wednesday, as the country's No. 1 automaker struggles with the fallout from the coronavirus crisis.
FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt CassioSAO PAULO: General Motors is offering buyouts to some of its Brazilian workers, a local union said on Wednesday, as the country's No. 1 automaker struggles with the fallout from the coronavirus crisis.
The union said GM also plans to extend furloughs meant to end in September by two more months. The union has yet to vote on the buyout program, but GM said it wants to offer it to all employees.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazil can live with record debt, deficits despite the noiseBrazil is amassing a record debt that has evoked memories of crises past in South America's largest economy, but some economists say rock-bottom ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
British Airways reaches deal in principle with some Heathrow staffBritish Airways has agreed a deal with trade unions representing parts of its workforce in Heathrow over planned job cuts, with the airline's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Amazon fires a 'lie', says Brazil's BolsonaroRIO DE JANEIRO (AFP) - Brazilian President Jair Bolsonaro has said it is a 'lie' that fires are ravaging the Amazon rainforest, despite data from his own government showing the number of blazes is rising.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Brazil can live with record debt, deficits despite the noiseBrazil is amassing a record debt that has evoked memories of crises past in South America's largest economy, but some economists say rock-bottom ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Banks in Singapore ensure locals remain the bulk of their workforceSINGAPORE - Banks here say they keep a strong local core in the workforce, while growing the pipeline of local talent.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
SIM, RMIT Online to offer upskilling opportunities for Singapore workforceTHE Singapore Institute of Management (SIM) and RMIT Online are tying up to offer 'skills-based, industry-designed' online learning opportunities for Singaporeans. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »