autoevolution
 

Magna to Cut 1,400 Vauxhall Jobs

A leaked Magna business plan revealed that the Canadian - Austrian partsmaker intends to lay off 10,952 Opel workers at various plants across Europe. The documents, which were published by the German newspaper Frankfurter Allgemeine Zeitung, don't mention how many people would be let go at each plant on the continent but Magna wants to fire 1,373 employees from Opel's British sibling Vauxhall.

Germany would be the most affected, if we trust the leaked documents, with 4,116 fired employees. Belgium takes the second place with 2,517 fired employees, followed by Spain with 2,090 and the UK with 1,373. Magna hasn't commented on the reports so we can't say for sure whether the news is indeed true or not.

"We always said that we would have to restructure in order to stay competitive in the long term, given the massive crisis in the car industry," GM Europe president Carl-Peter Forster said.

GM CEO Fritz Henderson revealed last week at the Frankfurt Auto Show that the Antwerp production plant in Belgium is indeed at risk but stated that a decision is to be made soon, probably after talks with those involved.

"We looked at it in detail but it just didn't make sense based on our own internal analysis," he said. "That plant has been under evaluation for some time; no final decision has been taken. But it's certainly at risk."

Workers across Europe are protesting against Magna's takeover. Spain is the best example as Opel employees demonstrated last weekend because the Canadian - Austrian partsmaker is expected to cut around 1,700 jobs at the Zaragoza plant.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram X (Twitter)
About the author: Bogdan Popa
Bogdan Popa profile photo

Bogdan keeps an eye on how technology is taking over the car world. His long-term goals are buying an 18-wheeler because he needs more space for his kid’s toys, and convincing Google and Apple that Android Auto and CarPlay deserve at least as much attention as their phones.
Full profile

 

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories