Fleet News

GM job losses

GENERAL Motors has revealed it will cut 1,500 jobs - 10 per cent of its workforce - across Europe next year in a bid to streamline the company still further.

This represents an acceleration in the Project Olympia programme, which aimed to cut production capacity by 15 per cent and axe 5,000 jobs after losses of $463 million last year across Europe. GM Europe had already cut 10 per cent of the workforce in the past year, including 2,000 at the Luton plant.

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