GM job cuts to hit Germany hardest

General Motors (GM) said yesterday that Germany would suffer 50 to 60 per cent of the job cuts it was planning at its European Opel-Vauxhall business.

Nick Reilly, head of GM’s international operations, also said the Detroit carmaker would set up a working group on its plant in Antwerp, Belgium, whose future was “uncertain”.

“Overall, we are going to reduce our capacity by around 20 per cent, and we expect to reduce our people by approximately 9,000,” Mr Reilly said. – (Copyright The Financial Times Limited 2009)