GM Europe Pledges to Avoid Job Cuts
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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.
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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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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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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, the world's biggest carmaker, is set to reveal the thrust of an eagerly awaited reorganisation plan for its loss-making European operations this week, according to an industry source.
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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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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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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.  ..
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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. 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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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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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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General Motors Corp. GM.N will likely  cut some jobs in Europe and may close a plant there as part of  a restructuring plan under development to try to return the  region to profitability, the U.S. automaker said on Wednesday.
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FRANKFURT, Germany  - General Motors Corp.'s German division announced a deal Thursday that will allow the struggling automaker to cut thousands of jobs while avoiding forced layoffs and offering large incentives for employees to leave.
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General Motors Europe will slash its workforce by around a fifth, cutting as many as 12,000 jobs in a bid to halt chronic losses in the region, the world's biggest carmaker said on Thursday.
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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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General Motors Corp., the world&#39;s biggest carmaker, will save 500 million euros ($664 million) annually at its unprofitable European unit after reaching an agreement with unions to cut 11,500 jobs and reorganize.