Toyota Layoffs Approved After Brazil Factory Damage
Here’s a summary of the key details from the text:
* Toyota Layoffs in Brazil: Toyota will begin layoffs in Sorocaba, Brazil, starting October 21st. This was approved by 96% of workers.
* Reason for Layoffs: A severe storm destroyed Toyota’s engine plant in Porto Feliz (SP), forcing a complete halt to production in Brazil.
* Sorocaba Plant Details:
* The Sorocaba plant (Corolla Cross & Yaris assembly) will initially enter a 20-day emergency vacation period starting October 1st.
* This can be extended for up to 150 days (in monthly increments).
* Toyota will maintain full net salary for workers during this period.
* 3,709 out of 4,492 workers participated in the vote.
* Other Affected Plants:
* Porto Feliz (SP): Engine plant destroyed.
* Indaiatuba (SP): Corolla assembly plant – layoff votes were ongoing, with results expected September 29th.
* Production Halt: All Toyota production in Brazil is currently suspended.