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Exclusive: GM plants to cut 5,000 South Korean jobs

SEOUL (Reuters) - General Motors' South Korean unit plans to slash 5,000 jobs, or about 30 percent of its workforce, but keep production steady if Seoul agrees to its $2.8 billion proposal for the loss-making operation, according to a document seen by Reuters. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: korean, seoul, jobs, south, slash

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/arNRN8yJevo/exclusive-gm-plants-to-cut-5000-south-korean-jobs-idUSKCN1GE153

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