GM to cut 600 South Africa jobs by July as it pulls out of country

May 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

CAPE TOWN (Reuters) – South Africa’s top manufacturing union NUMSA said late Monday that 600 workers out of 1,500 at General Motors SA will lose their jobs by July after a decision last week by the car maker to sell its local operations.