Opel to slash more than 4,000 jobs
While PSA breathed life into Opel after buying the company from GM in 2017, German brands have been struggling to prove they can meet stricter emissions standards
14 January 2020 - 17:17
Munich — PSA Group’s German car-making division, Opel, will cut up to 4,100 jobs, joining rivals around the globe in retrenching amid a sales slowdown and technological disruption.
The cuts will be focused at German factories in Ruesselsheim, Eisenach and Kaiserslautern, where Opel will reopen a voluntary leave programme for employees to eliminate 2,100 positions by 2025, the company said in a statement Tuesday...
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