GM Korea May Ax 1,100 Jobs Ahead of Chevrolet Europe Pullout

Newswire

By Hyunjoo Jin SEOUL, Jan 24 (Reuters) - General Motors is seeking to cut shifts by half at one of its South Korean factories as it realigns global manufacturing in a move that could affect about 1,100 jobs, a source with direct knowledge of the matter told Reuters on Friday. The U.S. automaker said in December that it would stop selling its Chevrolet-branded cars in Europe by the end of 2015, a move that could affect production and jobs at its South Korean unit which produces most of Chevy ...

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