Companies / South Korea
GM Daewoo Calls Back Workers
March 2006 | Company Finance AlertGM Daewoo, the South Korean subsidiary of US major General Motors, has revealed its Asian strategy, which includes reinstating around 1,700 workers that were made redundant in 2001. The company plans to use South Korea, where it has five production plants, as a spring board for the rest of Asia, which fits in with GM's global plan of cutting back costs at North American plants and boosting lower-cost operations.
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