Opel isn’t doing very well, and GM knows it. The American giant is planning on reducing the number of administrative jobs by as much as 30%, in their Russelsheim headquarters, in Germany. This equates to roughly 1,000 people who will ‘voluntarily’ choose to go home, instead of being forced to do so.
The move, however, was predictable as Opel’s 10-year plan, called “Drive Opel 2022” did mention personnel cuts, and according to an official company statement: "We have repeatedly stated that our organizational structure needs to be leaner and more nimble [. . .] Beyond that we have nothing further to announce."
Some mid-July reports stated that GM Europe President Stephen Girsky was looking to cut 2,400 management jobs, 500 of which were senior managers with earnings of more than €100,000 ($130,000) per year. Other reports suggested that Opel may be cutting 30% of its entire workforce from Germany, in order to stay afloat.
Story via autonews.com
The move, however, was predictable as Opel’s 10-year plan, called “Drive Opel 2022” did mention personnel cuts, and according to an official company statement: "We have repeatedly stated that our organizational structure needs to be leaner and more nimble [. . .] Beyond that we have nothing further to announce."
Some mid-July reports stated that GM Europe President Stephen Girsky was looking to cut 2,400 management jobs, 500 of which were senior managers with earnings of more than €100,000 ($130,000) per year. Other reports suggested that Opel may be cutting 30% of its entire workforce from Germany, in order to stay afloat.
Story via autonews.com