German official said General Motors` job cuts are totally unacceptable
Filed under:Opel, German, GM, Vauxhall,
GM talked with the officials in Germany and work leaders about the proposed cuts, unveiling that Germany will be the affected one if its plan of restructuring gets approved.
Roland Koch thinks Magna wanted to cut, by 2014, 1,400 - 1,600 jobs in Ruesselsheim.
On Thursday, Hesse premier affirmed, quoted by Reuters: 'We expect that GM orients itself very closely to this concept and clarifies that the figures published by the media are overly exaggerated'.
The estimates pointed at first to a cut of 9,000 jobs expected to work on the European workforce of
Opel, having 50 - 60 % arriving from Germany. The firm plans on reducing the capacity in Europe by 20 - 25 % in the European factories but the decision won't be final before December.
Opel, Vauxhall CEO - Nick Reilly stated for the press 'Time is not on our side. I cannot make excuses for things done in the past, but we can move forward. I intend to present by mid-December a sustainable plan that is in the best interest of
Opel and Vauxhall; one with clearly defined, achievable results'.
'Opel/
Vauxhall must reduce its capacity across Europe by somewhere between 20 and 25 percent. We are still finalizing the details on the plan, and that is why next week I will be back in Brussels, meeting with EU representatives as well as governmental officials from the five countries where we have plants'.
