Opel/Vauxhall CEO Nick Reilly said in a statement that there is no plan to go beyond the initial 8,300 job cutting plan in Europe, despite claims from unions that approximately 2,000 more employees are at risk. After a meeting with the company’s European Employee representatives, Reilly emphasized that the 2,000 extra job cut was only concerning the "employees who had already signed up to a pre-retirement part-time program in 2006 in Germany".
Some of the actions we need to take are… (read more)