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GM Korea takes steps to ease downsizing concerns


Union workers at GM Korea Co.’s regional plant said Monday that they were told the management will not insist on introducing a single work shift, a measure that eases fears of downsizing among employees.

The carmaker is the South Korean unit of U.S. auto giant General Motors Co. which had announced late last year that it would not be selling Chevrolet-branded cars in Europe from 2016 onward. The decision instantly raised speculation that the automaker would start layoffs in Korea, a major production center for Chevrolet vehicles for GM.

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