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.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee