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post #1 of 1 (permalink) Old 02-01-2010, 12:51 PM Thread Starter
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Opel to axe 2,000 jobs

Opel labor says more jobs to go after meeting CEO

Posted on Monday, February 1st, 2010 at 2:30 PM EST.(Employee News)

General Motors Co. is planning to axe 2,000 additional jobs at its Opel arm, but has changed its mind on management cost cuts, European labor leaders said after a face-to-face with Opel’s boss on Monday, Reuters reported.

It was the first face-to-face meeting between the two sides since GM angered labor last month with the announcement that Opel’s Antwerp plant would close, a move one union leader called a “declaration of war,” the news service said. “According to the plans, headcount will be cut by 2,000 additional persons in comparison to management statements in public,” Opel’s European works council said in a statement after meeting with Opel Chief Executive Nick O’Reilly.

An Opel spokesman said the company was sticking to the 8,300 job cuts it had announced as part of plans to reduce capacity by a fifth to counter feeble demand that could stay weak for years, the report said. GM has said that 4,000 of those cuts would be in Germany, the story said. (Reuters)

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