GM to shut 65-yr-old Canadian factory in Oshawa; 3,000 jobs at risk: Report
General
Motors
is expected to announce on Monday the closure of a factory in the Canadian city
of Oshawa, putting almost 3,000 jobs at risk, Canadian channel CTV reported.
The
decision is linked to the American automaker's plans for a comprehensive global
restructuring, the channel reported Sunday, citing multiple anonymous sources.
The
plant in Oshawa,
about 60 kilometres (40 miles) northeast of Toronto, was built in 1953,
according to the manufacturer's website.
It
currently employs approximately 2,800 people and assembles Chevrolet and GMC
pickups as well as Chevrolet Impala and Cadillac XTS sedans.
"I'm
hoping it's just a rumour," Oshawa Mayor John Henry said. "Until we hear
something, we don't know."
GM
has three other sites in the province of Ontario. It is unclear whether they
will also be affected.
Last
month, the company announced plans to reduce its workforce across North America
to save money through voluntary redundancies, and did not rule out the
possibility of layoffs.
The
plans stand to affect 50,000 employees across the US, Canada and Mexico. About
18,000 of them, or 36 per cent of the workforce, are eligible for voluntary
redundancy. Read
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