Jobless Germans face giving up their cars: report
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Germans on the dole might be forced to  give up anything more than the most modest of cars to help  support themselves if a plan by conservative political leaders  is approved, German media reported on Wednesday.
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Volkswagen AG, Europe&#39;s biggest carmaker, may cut 30,000 jobs, or almost a fifth of its German workforce, if the labour union representing workers does not agree to a wage
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Germany's long-term unemployed are looking for ways to cut their outgoings as they brace for the introduction of reforms on Saturday that will slash the welfare payments of many.
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German car maker BMW is set to eliminate "several thousand" jobs next year as part of a cost-cutting plan, a spokesman for the group told AFP on Friday.
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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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Volkswagen AG, Europe's biggest automaker, said Tuesday that 3,500 workers in Germany have signed up for severance packages as the company tries to pare down the number of employees and cut costs.
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The European Court of Justice is expected to strike down the so-called Volkswagen Law, created by Germanyâs government to protect the automaker from an unwanted takeover.
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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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A German official said his country would lose about 3,500 jobs and that about 4,500 would be trimmed in France in a cost-cutting effort.
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Europe&#39;s biggest carmaker said 30,000 jobs could be cut in Germany if unions do not agree to cost-cutting plans. Volkswagen is pushing for a wage freeze and more flexibility in working hours to counteract falling sales.
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FRANKFURT : Germany's long-term unemployed are looking for ways to cut their outgoings as they brace for the introduction of reforms on Saturday that will slash the welfare payments of many.
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The German car maker BMW is set to eliminate "several thousand" jobs next year as part of a cost-cutting plan, a spokesman for the group told AFP on Friday.
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Germans enter the New Year with half of them worrying about economic prospects, a survey reported on Thursday.
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Volkswagen says it may need to slash 30,000 jobs in Germany if unions refuse to agree to pay freezes.
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Carmaker Volkswagen could become the next venue for strikes after personnel chief Peter Hartz called for a two-year wage freeze Monday.
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Employees at an Opel plant in western Germany abandoned work again early Friday after parent company General Motors announced a plan to shed 12,000 jobs across Europe, a union spokesman said.
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Berlin (IANS) More and more Germans are turning their backs on the economic problems plaguing their homeland in the hope of better pay and working conditions in other countries.