GM lays off 6,000 additional workers in Mexico due to UAW strike [CNBC]
General Motors Company (GM)
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Source: CNBC
GM lays off 6,000 additional workers in Mexico due to UAW strike United Auto Workers members on strike picket outside General Motors' Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT - The automaker said the decision was a result of a parts shortage due to the United Auto Workers union's strike against GM, now in its 16th day GM shares were down more than 3% early afternoon after opening Tuesday at $37.47. The stock is up about 8.5% for the year. The Tuesday cuts at GM's plant in Silao, Guanajuato, Mexico bring the number of layoffs for non-UAW represented employees in North America with GM to about 10,000, according to officials. GM last week confirmed it had idled engine production at the Silao facility last week, temporarily laying off 450 workers The total number of employees at auto suppliers who have been temporarily laid off by the strike is unknown but estimated to be in the thousands. VIDEO 0:48 00:48 GM lays off 6,000 workers at f
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