Financial Times FT.com

Germany to escape brunt of Opel job cuts

By Daniel Schäfer in Frankfurt, John Reed and Jean Eaglesham in London and Bertrand Benoit in Berlin

Published: September 22 2009 19:26 | Last updated: September 22 2009 19:26

General Motors’ UK, Belgian and Spanish employees would bear the brunt of job cuts in the German-led rescue of Opel, according to figures floated by Magna, the lead investor, and confirmed by people close to the sale.

Opel-graphicThe news brought angry reactions from union leaders ojn Tuesday, ahead of a rally planned for Wednesday by GM’s European unions at its plant in Antwerp, which Magna and the US carmaker say may need to close for Opel to become viable.

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