Fiat has said in an official statement that if it acquires Opel, job losses in Europe will be up to 10,000.
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It says job reductions would be ‘less than 10,000’, rather than the 18,000 figure for German redundancies it says has ‘been circulating’.
In the statement Fiat Group says ‘these comments [concerning 18,000 job losses] are entirely unfounded’.
The statement goes on to say:
“The Fiat plan is for total employee reductions – which would take place gradually and be distributed throughout Europe – of less than 10,000. The impact for the workforce in Germany, therefore, would be significantly lower than speculated.”
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By GlobalDataSee also: Fiat bids for Opel
