IndustryWeek : GM Plans to Cut 10,000 Jobs at Opel
  • IW Home
  • Leadership & Strategy
  • Operations
  • Economics & Public Policy
  • Technology & Innovation
  • Rankings
Home : Leadership & Strategy : Manufacturing Profiles : GM Plans to Cut 10,000 Jobs at Opel

GM Plans to Cut 10,000 Jobs at Opel

Company wants to cut costs by 30%

By . Agence France-Presse

Nov. 4, 2009

After announcing earlier in the day that  it would retain control Opel, GM's John Smith said the company plans to cut around 10,000 jobs at the European division.

GM wants to cut costs by 30% at Opel, a European unit that employs more than 50,000 people, Smith said during a telephone news conference.

Copyright Agence France-Presse, 2009

Spotlight

The Inaugural Class

In some way, these 10 outstanding people likely have touched all our lives.

Read Full Story
Click here to download
Poll
Will you change your employee health coverage if a Health Care bill passes?



Comment in the IW Forums.