![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Cut - Brazil - GM's Brazil Unit Plans to Cut Jobs
SAO PAULO, Brazil -AP -Sept 15, 2005 :-( The Brazilian unit of General Motors Corp. plans to cut 600 jobs at one of its local units, the metal workers union said Thursday... According to union President Luiz Carlos Prates, GM is cutting the jobs because of a decline in export revenue after the Brazilian real strengthened against the U.S. dollar. The real has increased 15 percent against the U.S. dollar so far in 2005. GM plans to reduce production at its unit in Sao Jose dos Campos city in Sao Paulo state...
posted by Unknown @ 3:06 PM
0 Comments:
Post a Comment
<< Home