Already last year, Opel had introduced austerity measures. Now the crisis-ridden company wants to pay German employees up to 275,000 euros – if they go voluntarily.
REUTERS / Opel
Opel boss Michael Lohscheller
Tuesday, 27.03.2018
18:21 clock
The automaker Opel has launched a voluntary severance package for his German employees. Opel boss Michael Lohscheller said that the automaker wanted to become more competitive. “It remains the company’s clear plan, operational terminations and plant closures, “the group said that the severance package had been agreed with the works council.
In December, Opel already had Programs for partial and early retirement launched. Participants in these offers are, according to information from the “Wirtschaftswoche” of the severance excluded, as well as apprentices as well as the top Opel leadership of about 200 people.
Otherwise, however, it applies to all permanent employees. Who decides for it, depending on age, length of service and gross monthly salary can receive up to 275,000 euros.
At the end of last year, Opel employed 35,700 people in Europe, 19,000 of them in Germany, with its British sister brand Vauxhall. In the sale of General Motors to the French PSA group Last August, the new owner promised to comply with existing factory agreements. These included a waiver of redundancies until the end of this year and investments in Opel plants by 2020.
The Opel brand has been writing deep red numbers for years. Last year, the operating loss was 179 million euros.