GM could make 6,300 Saab jobs disappear in Sweden: union
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US auto giant General Motors has decided to shut down one of its two mid-size car-making plants in Europe next year, a decision that could force its subsidiary Saab to close operations in Sweden and slash 6,300 jobs, the Swedish metalworkers' union said.
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Thousands of General Motors workers across Europe waited for a verdict Thursday on how the world's largest automaker would shake up its money-losing Opel, Saab and Vauxhall operations, with costly plants in Germany considered prime targets for possible job cuts.
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Blaming high labor costs and weak demand for cars, General Motors Europe said Thursday it plans to shed 12,000 jobs - almost 20 percent of its work force - in order to halt chronic losses.
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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.
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No. 1 automaker&#39;s plan may affect 20% of European work force as it aims to save $500Ma year. FRANKFURT  - General Motors, the world&#39;s largest automaker, is expected to unveil a plan this week to cut
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Swedish carmaker Saab reduced its  annual sales targets as the General Motors  unit tries to  reach break-even, the head of GM Europe said in an advance  abstract of a report in Automotive News Europe on Saturday.
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General Motors Corp. GM.N, in the  midst of reassessing its unprofitable European operations, is  not ruling out closing a plant there and is likely to cut some  jobs, a GM spokesman said on Wednesday.
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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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Plans to merge Swedish truck-maker Scania with Germany&#39;s MAN and parts of Volkswagen have been called off, according to a report quoting an unidentified manager involved.
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STOCKHOLM, Sweden  - Sweden's transport workers union said Tuesday that as many as 2,500 of its members will go on strike Oct. 11 in response to proposed changes in salaries and working hours at SAS AB.
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LONDON  - General Motors denied a newspaper report Wednesday that said it plans to cut 3,000 jobs in Europe to offset losses in its operations across the region.
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Assembly line production at South Korea&#39;s two largest automakers ground to a halt Friday as tens of thousands of workers launched six-hour strikes across the nation to protest proposed labor legislation.
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Roughly 5,600 German employees of General Motors Corp. have agreed to accept buyouts offered as part of the world's biggest automaker's efforts to slash jobs in Europe, a labor official said Friday.
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Volkswagen AG, Europe's biggest carmaker, is threatening to slash 30,000 jobs to force unionized employees to accept a pay freeze in the latest and largest labor-management confrontation this year in Germany.
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European employees of the auto giant General Motors are set to step up protests on Tuesday at the company's plans to cut 12,000 jobs.
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General Motors Europe will chop 12,000 jobs over two years -- around a fifth of its workforce -- to lop 500 million euros ($673 million
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BOCHUM, Germany - Thousands of employees at General Motors Corp.&#39;s European factories staged protests yesterday against the automaker&#39;s plan to slash 12,000 jobs across the continent, while a shortage of parts from a striking German plant forced two other