Some 2,000 jobs will be cut at the main plant of General Motors Corp.’s Adam Opel AG unit in Ruesselsheim over the next two years, the company told the Associated Press (AP) on Wednesday.
AP noted that the cuts come as part of the automaker’s plans announced in October to slash as many as 12,000 positions in the next two years in Europe, most of them in Germany, in order to cut excess manufacturing capacity.
“For Opel this is not new news,” Opel spokesman Ulrich Weber told the Associated Press, which added that GM says it must reduce costs at its money-losing European operations – Opel, Saab and Vauxhall – to cope with sluggish consumer demand and increased competition.