HeraldLive reports that General Motors SA (GMSA) is on the verge of shedding jobs as a weakened economy has knocked the car giant and placed the motor industry under significant pressure.
The company, which is one of Nelson Mandela Bay’s biggest employers, has confirmed that it is in talks with its staff and unions to look for alternatives to retrenchments. It will be offering severance packages if no other solutions are found. Union Numsa is to hold a meeting with its members on Monday to discuss what the company has already put on the table. The union says GMSA plans to shed up to 200 jobs, but the company would not confirm that figure.
- Read this report by Riaan Marais in full at HeraldLive
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