GM Oshawa workers could get up to C$150K, vehicle voucher to retire

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Thread: GM Oshawa workers could get up to C$150K, vehicle voucher to retire

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    GM Oshawa workers could get up to C$150K, vehicle voucher to retire

    Hard to feel to bad for a lot of these guys - especially if they were close to retirement!

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    TORONTO — Some workers at General Motors’ Oshawa, Ont., assembly plant will be offered retirement incentives of up to C$150,000 as the automaker prepares to cut most jobs at the plant.

    That’s according to a bulletin posted by Unifor Local 222, which represents about 2,600 hourly workers at Oshawa. The bulletin also notes production of the Chevrolet Impala and Cadillac XTS sedans will end there in October, later than the initial summer timeframe offered by GM Canada. Pickup final assembly will end “on or before” Dec. 31, though the bulletin notes that GM would “provide written notice should there be any extensions.”

    https://canada.autonews.com/automake...voucher-retire

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    2.8 Liter Turbocharged V6 CMiatso DaBang's Avatar
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    Yeah.. If this is the case some of these workers will be receiving damn near 2 years of pay and a $10K voucher towards a new vehicle.. That in top of the fact that they will still be eligible (if retiring) for GM employee discount)... All while still be able to get another job. I know execs over at HP and knew ones over at Micron and AMD that didn't get as sweet of a deal

    Some will still find fault. And as an act of revenge... buy a Toyota lol.
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    Re: GM Oshawa workers could get up to C$150K, vehicle voucher to retire

    Quote Originally Posted by CMiatso DaBang View Post
    Yeah.. If this is the case some of these workers will be receiving damn near 2 years of pay and a $10K voucher towards a new vehicle.. That in top of the fact that they will still be eligible (if retiring) for GM employee discount)... All while still be able to get another job. I know execs over at HP and knew ones over at Micron and AMD that didn't get as sweet of a deal

    Some will still find fault. And as an act of revenge... buy a Toyota lol.
    Exactly this is an extremely generous package.

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    Re: GM Oshawa workers could get up to C$150K, vehicle voucher to retire

    Is this why we are getting cheaper, nastier interiors? Just kidding of course but that's some serious dough.
    "The car's brilliant and ... a great surprise, pleasant surprise for all Corvette lovers everywhere ... a huge shock to our competitors ... because I don't think anybody was expecting something that good. What pleases me the most about it was that ... I can say this is the first car that's come out, that was done since I left.

    -- Bob Lutz, former vice chairman and head of global product development at GM

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