GM Brazil Strike Ends After Layoffs Suspended

Newswire

SAO PAULO, Aug 24 (Reuters) - Workers at a General Motors Co plant in Brazil ended a two-week strike on Monday after the company agreed to suspend nearly 800 job cuts, buying time in an industry where idle assembly lines have roiled labor tensions. GM and the local metalworkers' union said they agreed that the workers facing termination would spend the next five months on paid leave and would get an extra rescission payment if their jobs are cut early next year. The company will also ...

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