Opel-Vauxhall has signed an agreement regarding wide-ranging restructuring plans, reports Reuters, citing Opel labour leader Klaus Franz. The agreement is geared as saving €265m (US$323m) in yearly wage costs through 2014. Although it calls for job cuts across Europe, an exact figure has not yet been released. A tentative deal was Subscribe to Automotive World … Continued
Opel-Vauxhall has signed an agreement regarding wide-ranging restructuring plans, reports Reuters, citing Opel labour leader Klaus Franz. The agreement is geared as saving €265m (US$323m) in yearly wage costs through 2014. Although it calls for job cuts across Europe, an exact figure has not yet been released.
A tentative deal was
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/82260-germany-opel-signs-restructure-deal/
Join our LinkedIn Group
Let us help you understand the future of mobility
