But that was before the last round of negotiations between Toyota, General Motors and the UAW. According to new report, under the new deal, seniority no longer factors into severance compensation. As a result, former workers at the NUMMI plant will see $21,000 on average.
While fingers are pointing every which way when it comes to who's responsible for the plant closing and the cut in severance pay, most of the blame has landed squarely on GM, and Toyota has handed over around $250 million for severance packages, while Detroit hasn't offered up a dime.
[Source: Just-Auto - Sub. Req. | Image: Justin Sullivan/Getty ]