
Union workers at GM Korea Co.'s regional plant said Monday that they were told the management will not insist on introducing a single work shift, a measure that eases fears of downsizing among employees. The carmaker is the South Korean unit of U.S. auto giant General Motors Co. which had announced late last year that it would not be selling Chevrolet-branded cars in Europe from 2016 onward. The decision instantly raised speculation that the automaker would start layoffs in Korea, a major production center for Chevrolet vehicles for GM. The GM branch of the Korean Metal Workers' Union (KMWU) said it received "assurances" from the management over the weekend that the company will look favorably on maintaining the current double shift production line at the Gunsan assembly line, located 274 kilometers south of Seoul.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor