More Layoffs At GM: Automaker Cuts 6,000 Workers Amid Union Strike
More layoffs have plagued GM (GM) amid the United Auto Workers union strike. The strike, which has entered its 16th day, has caused layoffs in Canada and now at a plant in Mexico with as many as 6,000 workers reportedly being temporarily laid off.
The layoffs occurred at GM's Silao, Guanajuato, Mexico, plant, which produces the Chevy Silverado and GMC Sierra 1500 pickup trucks – two high-profitable vehicles for the automaker, CNBC said.
Just like in Canada, the Mexico plant is facing a parts shortage with U.S. plants being shut down as the strike continues. The total number of layoffs for GM has reached a reported 10,000 workers in North America, to date.
This is not the first layoffs in Mexico as last week GM confirmed to CNBC that it had temporarily laid off 450 workers at the plant as it idled down its engine production. This adds to the 3,200 layoffs that reportedly occurred in Canada and 525 hourly workers cut at GM’s DMax engine plant in Ohio.
A GM spokesperson told the news outlet that the company’s “primary focus is to get a deal and get everybody back to work” as soon as possible.
Shares of GM stock were down 3.41 percent as of 2:43 p.m. ET on Tuesday.
© Copyright IBTimes 2024. All rights reserved.