Canadian union Unifor kickstarted strike action against General Motors Co (NYSE:GM) at midnight after the company failed to meet the union’s demands for pension and income support for retired workers, among others.
What Happened: The strike includes about 4,280 workers at GM’s Oshawa Assembly Complex and CCA Stamped Products, St. Catharines Powertrain Plant, and Woodstock Parts Distribution Centre.
Unifor opened negotiations with all three Detroit automakers- Ford Motor Co, General Motors Co, and Stellantis NV in early August for better pay and pensions. However, it decided to concentrate on Ford on nearing contract expiry. The idea was to reach an agreement with Ford, which could set the ...