General Motors (Thailand) Ltd. reportedly is cutting 790 jobs after a temporary leave scheme fails to stop its financial bleeding, and two major manufacturing expansions in the country have been suspended. The auto maker recently shuttered its Rayong plant for two months in an effort to match inventory with demand, compensating workers 75% of their regular pay to stay home. The facility builds the Colorado pickup, Captiva cross/utility vehicle, Optra sedan and Aveo compact car. GM then ...
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