Opel is planning to cut hundreds of jobs in product engineering in Germany. Apparently, General Motors would like its European unit to reduce costs in order to return to profitability, even though it is thought that European markets are heading toward a period of recession. Opel is considering cutting up to 1,420 jobs at its technical development center in Ruesselsheim, near Frankfurt.

However, an Opel spokeperson said that the figures circulating about the number of jobs at risk are “factually wrong and excessively high” because they include people who are not on Opel’s payroll, declining however to provide any figure.

It is reported that at least 200 employees will be offered severance payments while 550 positions will be transferred to the manufacturing engineering department. This means at least 750 fewer jobs in product engineering.

via | Autonews

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