General Motors fires 2,700 in Venezuela after plant closure: workers | WHAT REALLY HAPPENED

General Motors fires 2,700 in Venezuela after plant closure: workers

General Motors' (GM.N) Venezuelan subsidiary has sent a message to almost 2,700 staff informing them that they are no longer employed by the company and had received severance pay in their bank accounts, according to two employees.

A Venezuelan court last week ordered the seizure of the company's Valencia plant, ruling in favor of two dealers that had filed a case in 2000 against the subsidiary on grounds they had not complied with an agreed sale of 10,000 vehicles.

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