UPDATE 2-GM pays back Germany, signals fewer job cuts

Newswire

* Revamp envisions 9,000-9,500 job cuts - GM's Reilly * Germany's Merkel says GM has paid back loan * Reilly says Germany's Bochum plant is safe for now (Recasts, adds Merkel comments on loan, background) By Tom Kaeckenhoff and Erik Kirschbaum DUESSELDORF/BERLIN, Nov 24 (Reuters) - General Motors [GM.UL] has paid back a loan from Germany and slightly lowered its target for job cuts at struggling European unit Opel. Nick Reilly, the boss brought in from GM's thriving Asian ...

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