Click it and Unblock the Notifications
For Quick Alerts
For Daily Alerts
Just In
Don't Miss
-
Add These 18 Foods To Your Daily Diet To Increase Your Sperm Count And Boost Male Fertility -
IIT JEE Advanced Registration Date Out for Indian Nationals, Check Out the Details Here -
HUL Q4 Results Preview: Price Cuts Likely To Impact Topline Growth, Shares Gain 1.88% In 1-Week -
Deepak Parambol And Aparna Das Tie The Knot At Guruvayur Temple! Check Out The Wedding Glimpses! -
Honda Amaze Scores 2-Star Safety Rating At Global NCAP Crash Tests – Next-Gen Model To Arrive In 2025 -
ONE Friday Fights 60: Start Time, Card, Telecast & Live Streaming Details -
Vivo T3x 5G Goes on Sale in India at 12 noon Today via Flipkart: Check Price, Specs, Offers -
Kurnool's Hidden Gems: A Guide To Exploring India's Lesser-Known Treasures
GM to axe 9,000 jobs in Germany
Berlin, Nov 25: The US auto maker General Motors has confirmed to cut 9,000 jobs in its European subsidiary Opel in Germany.
Nick Reilly, CEO of GM Europe made the announcement saying that, "Overall we are going to reduce capacity by 20 per cent and reduce the number of people by 9,000 across Europe."
"We have to create a sustainable and viable business plan. The competition is intense and getting fiercer every day. We have to reduce structural costs," Reilly said.
"I think we have to fight hard to keep manufacturing operations viable in Europe. There will be difficult decisions to take and we will have to reduce people. It's the reality of today's market," Reilly added.
OneIndia News
Comments
Story first published: Thursday, November 26, 2009, 14:08 [IST]
