Bank Of Baku

General Motors confirms plans to axe 10 000 jobs

General Motors confirms plans to axe 10 000 jobs
# 05 November 2009 10:05 (UTC +04:00)
Baku– APA-Economics. General Motors (GM) has confirmed that it plans to cut 10,000 jobs across its European car unit Opel, which includes the Vauxhall brand in the UK, BBC reported.
The announcement comes a day after GM said it was cancelling its deal to sell Opel to Canadian car parts firm Magna.
Union leaders at Vauxhall, which employs 5,500 people, said its task was to minimise the number of jobs lost, and to ensure they are voluntary.
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