GM Europe labor hails move to sell Astras in U.S.
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General Motors'  European labor  force on Friday hailed news that the world's biggest carmaker  had decided to sell Belgian-made Opel Astras in North America  under the Saturn brand from late next year.
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FRANKFURT: General Motors Europe will chop 12,000 jobs over two years - around a fifth of its workforce - to lop 500 million euros ($673m) from costs at the loss-making business, it reaffirmed yesterday.First ...
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General Motors Europe announced yesterday that it will cut 12,000 jobs on the continent by the end of 2006 in a plan aimed at saving US$617 million per year.
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More than 40,000 people took to the streets in Europe to protest against plans by US auto giant General Motors to axe about one-fifth of its workforce in the region and possibly even close a plant.
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General Motors may bundle its European operations in a new company based in Brussels in a move to cut costs and simplify management structures, a German newspaper reported on Saturday.
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General Motors Corp will offer buyouts or early retirements to all 74,000 U.S. hourly workers represented by the United Auto Workers in a sweeping deal with the union intended to clear the way for GM to hire lower-cost replacements.
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General Motors Corp., the world&#39;s biggest carmaker, will save 500 million euros ($664 million) annually after cutting 11,500 jobs and reorganizing its European division.
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BETZDORF, Luxembourg - (BUSINESS WIRE) â-ept. 15, 2004 â - UK and Europeâs foremost direct-to-home (DTH) satellite company, SES ASTRA, an SES GLOBAL company (Euronext:SESG) (FWB:SESG)is delighted
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General Motors Corp., the world&#39;s biggest carmaker, said Adam Opel AG division employees in Bochum, Germany, decided to end a seven-day wildcat strike against the company&#39;s job-cut plans in Europe.
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RUESSELSHEIM, Germany  - General Motors Europe announced Thursday that it plans to cut 12,000 jobs on the continent by the end of 2006 in a plan aimed at saving 500 million euros (&#36;778 million Cdn) per year.
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General Motors Europe (GM.N: Quote, Profile, Research) will chop 12,000 jobs over two years -- around a fifth of its workforce -- to lop
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General Motors GM.N is seriously   considering boosting car exports from Europe, including to its   key U.S. market, to help boost productivity at its European   sites, a senior GM executive said on Thursday.
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General Motors&#39; loss-making European division is to cut 12,000 jobs in a bid to save $665m (Â£347m) annually. The redundancies will affect a fifth of its workforce, with 10,000 positions going at Opel plants in Germany.
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General Motors will cut around 10,000 jobs in Europe in a drive to save some 500 million euros (&#36;613.4 million) a year and return its loss-making operations there to profit, a company source said on Wednesday.
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Thousands of embittered car workers rallied across Europe against mass job cuts planned by General Motors, the world&#39;s biggest automaker, as labor unrest disrupted output at more GM plants Tuesday.
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RUESSELSHEIM, Germany - General Motors Europe announced Thursday that it will cut 12,000 jobs on the continent by the end of 2006 in a plan aimed at saving $617 million per year.    The company said that 90 percent of the cuts would be made in 2005 and that the plan "provides for the majority of the cuts to be in Germany, with a heavy emphasis on managing and engineering."   However, it said negotiations with employee representatives would determine which of its 10 European manufacturing plants are affected...
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BOCHUM, Germany  - Thousands of embittered car  workers rallied across Europe against mass job cuts planned by  General Motors, the world's biggest automaker, as labor unrest  disrupted output at more GM plants Tuesday.