The car manufacturer Opel apparently wants to cut another 1,000 jobs in Germany. The reasons for this are the rapid transformation of the industry, the pandemic, the geopolitical situation, the fragile supply chains and the huge increases in energy and raw material prices.
According to Handelsblatt, the company announced in an internal meeting that it intends to use tools such as partial retirement, early retirement or severance pay to cut jobs. The locations in Rüsselsheim, Kaiserslautern and Eisenach are affected.
Protection against dismissal will be extended until mid-2027
A spokesperson for the company said, according to the paper: “Against the backdrop of the industry’s rapid transformation, the pandemic, the geopolitical situation, fragile supply chains and massive increases in energy and commodity prices, the company is looking to open up volunteer programs to up to 1,000 others. workers in Germany.” In exchange for this, the protection against dismissal for employees who remain in the company will be extended until mid-2027.
However, according to the Handelsblatt, it is expected that Opel will use a clause in the key issues agreement between management and works council from 2019 in the medium term to cut a further 1,000 jobs in a socially responsible manner from 2023. According to the report, the dismissal protection for the other employees would be automatically extended until the end of July 2029.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
