GM's Opel may cut 30 pct of jobs in Germany - report

Newswire

FRANKFURT, Aug 25 (Reuters) - General Motors Co's ailing German unit Opel may have to cut a third of all jobs in the country, German newspaper Bild reported on Saturday citing a source. The person said Opel had agreed on a phased strategy with its parent General Motors that began by cutting the working hours of several thousand workers, a move announced earlier this week. The newspaper reported that GM has given Opel a clear goal of 30 percent for the job ...

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