Opel
The automaker from Rüsselsheim could cut more jobs.
(Photo: dpa)
Barely returned from the summer break, many Opel employees received unpleasant news from their management on Thursday. At a town hall meeting at the car manufacturer’s headquarters in Rüsselsheim, Labor Director Ralph Wangemann announced that he intends to continue the existing voluntary downsizing program. Several participants confirmed this to the Handelsblatt.
According to reports, Wangemann did not give any details. In any case, his options are precisely defined – he can cut a maximum of 1,000 jobs by the end of the year in a socially responsible manner through partial retirement, early retirement or severance pay. This is provided for in a key agreement between the management and the works council dated December 18, 2019, which the Handelsblatt was able to see.
A company spokesman said on request: “The management of Opel Automobile GmbH is in talks with the social partners about reopening the existing volunteer programs.” The aim is to improve the competitiveness of the company, which is part of the 14-brand Stellantis group to strengthen in the long term.
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