Unions at General Motors’ Opel plant in Spain signed a restructuring deal with management that will lead to the loss of 900 jobs by 2013, a union representative said.
The plan was agreed by GM Spain and most of the unions on 12 March and approved by 65% of the factory’s 7,000 workers in a referendum last week.
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Under the deal, most of 900 layoffs will come from voluntary retirements and the departure of workers with temporary contracts, news agency AFP reported.
Salaries will be increased 1% for 2009 and 2010 and by 2% in 2011 and 2012.
Spain’s auto manufacturing sector is the third-biggest in Europe, although it has no national automaker besides Seat, which is owned by Volkswagen.
It is also a major automotive exporter, with 18 factories belonging to some of the world’s biggest automakers.
Spanish plant deal “significant progress” – Opel
