GM Europe to axe 1,600 jobs
The struggling European operation of General Motors will cut some 1,600 jobs in a restructuring programme announced earlier this year, the chairman of its German-based Adam Opel AG unit said.
Carl-Peter Forster said that about 1,200 hourly workers and 400 salaried jobs will be cut in 2002 and 2003, with some 500 to 600 of the cuts coming at Opel’s plant in Bochum, Germany.