General Motors to cut 12,000 jobs in Europe
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General Motors Europe is to slash its workforce by around a fifth, cutting as many as 12,000 jobs in a bid to halt chronic losses in the region.
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GM's plans to cut 12,000 jobs across Europe spark a walkout at a German car plant.
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A strike at a General Motors Corp. plant in Germany began to squeeze the company's European production yesterday as a lack of parts halted two other factories, while thousands of workers rallied against GM's plan to cut up to 12,000 jobs across the continent.
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Workers at the Bochum factory of German car maker Opel voted to return to work after paraylsing assembly lines for six days in protest at plans by Opel's US parent, General Motors, to slash 12,000 jobs in Europe.
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DETROIT: General Motors Corp posted on Thursday disappointing quarterly earnings and cut its 2004 profit forecast due to mounting losses in Europe and slowing growth in China, sending its shares down 5%.
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Staff outraged by General Motors&#39; plans to slash up to 12,000 jobs in Europe have stopped work at a plant in Bochum, Germany, its works council said on Friday.
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European employees of the auto giant General Motors are set to step up protests on Tuesday at the company&#39;s plans to cut 12,000 jobs.
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Thousands of employees at General Motors Corp.'s European factories staged protests Tuesday against the automaker's plan to slash 12,000 jobs across the continent, while a shortage of parts from a striking German plant forced two other factories to stop production.
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Thousands of employees at General Motorsâ European plants staged protests today against the plan to slash 12,000 jobs across the continent, while a shortage of parts from a striking German plant forced two other factories to stop production.
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Tens of thousands of General Motors workers across Europe were set to stop working on Tuesday in a sign of solidarity with their German colleagues, who face massive job cuts.
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General Motors Corp., the world&#39;s largest automaker, announced Tuesday that the 1,100 remaining workers at its Baltimore assembly plant will lose their jobs next year when
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General Motors' European unit is to cut 10,000 jobs in Germany as part of a plan to save  $665m (Â£347m) annually.
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General Motors Corp. offered German workers generous buyouts Thursday to pave the way for up to 12,000 job cuts in Europe, where the world&#39;s largest automaker is struggling to end years of losses amid fierce competition and weak demand.
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GM's plans to cut 12,000 jobs across Europe spark a walk out of a German car plant likely to be hit by the cuts.
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General Motors is to axe almost 1,900 jobs at its Opel factory in Antwerp, Belgium, the manufacturer said on Thursday.
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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 Corp., the world's biggest automaker. has pledged to avoid plant closures and layoffs in Europe as it seeks to return its European operations to profitability, worker representatives said Wednesday.