Saturday , June 10 2023

Opel will have even more staff cuts


APA – ria Stria Press Agency

Thousands of more jobs will be spent by new owner PSA specialist Ferdinand Dudenhofer on the renovation of German carmaker Opel. Depending on the profitability goals of the French group, the number of people employed in Europe may decline to 24,800 in 2023, writes the director of the CAR Institute at the University of Duisburg-Essen in the analysis.

That would be well over 12,400 people less than takeover PSA August gust in 2017 and less than 5,600 at the end of 2018. German plant personnel are protected from layoffs until June 30, 2023. Opel So far, employees have been left in the company in several waves with split pay and early retirement arrangements. Currently, the parcel sales of the Russellheim Development Center to the service provider Segula are on the agenda, which is due to be completed by the end of August.

Dudenhoeffer Based on its calculations on profitability, which is measured by the ratio of labor cost to sales. Is wrong here Opel With his British sister Vauxhall Still significantly worse than other PSA brands Peugeot And Citron, Revenue is greatly increased Dudenhoeffer The difficult European market over the next few years is unlikely, so will labor costs Opel Through downsizing, especially in the expensive Germany Will have to be significantly reduced. Brands are increasingly losing their independence.

Source: Agencies
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