GM lays off another 415 workers in Mexico as US strike enters 4th week


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GM lays off another 415 workers in Mexico as US strike enters 4th week

In the face of an ongoing negotiation with its striking workers’ union, UAW, outlook of which had simmered terribly over the weekend talks, General Motors Co., Unites States’ No. automaker, had made an announcement on Monday, the 7th of October 2019, saying that it had decided to lay off another 415 full-time employees in Mexico, as the longest strike of US automotive industry in more than fifty years had entered into its fourth week.

In point of fact, 48,000 hourly workers had been taking their stance over the picketing line since September 16th, seeking a higher share of company profit, a better pay off alongside healthcare insurances, which had drained more than $1 billion so far from the Detroit-based leading US carmaker General Motors, which had roughly $23 billion in cash as of August 31st.

Besides, while the talks between two sides resumed on Monday (October 7th) morning, GM added in its statement on Monday (October 7th) that it was forced to temporarily idle its Ramos Arizpe propulsion plant, while its V8 engine line alongside CVT transmission went offline due to strikes on its US plants, nonetheless the Ramos Arizpe Propulsion Plant was still operating and manufacturing engines for the Ramos Assembly Plant, a GM spokesman said late on Monday (October 7th).