Opel announces staff cuts by 2025

Opel announces staff cuts by 2025

January 16, 2020 0 By autotimesnews

By 2025, the company’s staff will be reduced by 2.1 thousand people.

German automaker Opel will soon launch a staff reduction program. It is planned to cut jobs at factories in the cities of Rüsselsheim, Eisenach and Kaiserslautern. According to the press service of the company, layoffs will be made on a voluntary basis – employees will be partially retired before 1963 of birth. It is expected that such a strategy will make it possible to reduce the staff by 2.1 thousand employees by 2025. If the goal is achieved, the program can be extended and by 2029 will allow to free another 2 thousand jobs.

Today the company employs about 30 thousand employees. Note that in 2018, the German automaker for the first time in 20 years ended the year in a “plus”.

 This happened after the acquisition of the company by the PSA group. However, there are certain problems – due to the introduction of new environmental standards, the company will have to take a course on the production of electric vehicles. It is for the development of this area and the modernization of production that it is planned to direct the funds released after the reduction of employees.