CAW Update: Ford Offering $50,000 Buyouts, No New Jobs At Chrysler

With negotiations between the CAW moving as quick as a French bureaucrat, Ford is offering eligible workers a new car and a $50,000 buyout as an early retirement gift, while Chrysler is offering the CAW nothing in the way of new jobs. Speaking to the Canadian Press, a Ford spokeswoman said that "We will be offering certain retirement-eligible employees an incentive to retire from the workforce to allow our employees on layoff opportunities to return to work," Reports say that the 1,000 eligible employees will be offered $50,000 and a voucher for a new vehicle. The incentives come as Ford tries to make room to re-hire workers that were laid off when the St. Thomas, Ontario plant closed one year ago. Meanwhile, the CAW will apparently not ask Chrysler for any new jobs as part of their labor agreement, quashing rumors that they would push for a third-shift at the Brampton assembly plant that builds their rear-drive LX cars. Chrysler is also unhappy with the re-reinstatement of the cost of living adjustment in Q4 2016, the final quarter of the labor agreement.   from The Truth About Cars http://www.thetruthaboutcars.com

Put the internet to work for you. via Personal Recipe 680102