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GM to Layoff 500 Employees at Oshawa Assembly
General Motors (NYSE:GM) conformed today that Oshawa Assembly will return to two shifts of production beginning 2 February. However approximately 500 employees will be placed on layoff.
“Preparations continue at Oshawa Assembly to build the next generation of gas-powered full-size pickups, supported by a $280 million investment that reinforces Oshawa’s future in GM’s key full-size truck program,” GM said in a release. Continue reading →