GM Cutting  Jobs in Canada
GM Cutting  Jobs in Canada

GM Cutting Jobs in Canada

GM Cutting Jobs in Canada

General Motors Co. will cut 625 jobs at its auto assembly plant in Ingersoll, Ontario, by the end of July as it moves some production work to Mexico, the president of Canada’s largest autoworkers union said, Reuters reported. The union blamed the North American Free Trade Agreement and Mexico’s cheaper labor costs for the job losses, which it called unjustified given strong sales of the Chevrolet Equinox crossover and GMC Terrain sport utility vehicle assembled in the southern Ontario plant. “This came right out of left field,” said Jerry Dias, president of the Unifor union. “This (has) nothing to do with Trump, but it has everything to do with NAFTA.”


Short URL : https://goo.gl/Y4XpxK
  1. https://goo.gl/DFCiFT
  • https://goo.gl/4z1A4B
  • https://goo.gl/K3ABh4
  • https://goo.gl/HPpD9T
  • https://goo.gl/2QU71Y

You can also read ...

More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...

Add new comment

Read our comment policy before posting your viewpoints