Filed under: Sedan, Wagon, Europe, Plants/Manufacturing, Hatchback, Opel
Trying to make the best of a nasty situation for everyone involved, Opel has reportedly worked out an agreement with its Works Council and the IG Metall union to reduce working hours at two of its plants. From the end of September until the end of the year, there will be 20 days of short shifts and short working days for two Opel facilities: the Rüsselsheim factory that builds the Insignia and Astra and the Kaiserslautern component plant. About half of the 13,800 Rüsselsheim employees will be affected, including everyone but engineers, along with all 2,500 workers at Kaiserslautern.
The move helps keep people employed, and a German goverment program called Kurzarbeit - short work - will reimburse workers either 60 or 67 percent of their lost wages. Analysts commenting on the plan say, yet again, that it will not help the practically Europe-wide issue of overcapacity, which in the case of General Motors is said to equal the output of ten factories. Nor will it help Opel's slide: deliveries in the first half of this year are down 15 percent. The Adam subcompact and the promised restructuring can't come soon enough.
Continue reading Opel cutting work hours in two plants to avoid layoffs
Opel cutting work hours in two plants to avoid layoffs originally appeared on Autoblog on Fri, 24 Aug 2012 08:29:00 EST. Please see our terms for use of feeds.
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