A Closer Look

GM | Job losses to come from its European business

The Guardian – GM would stick to a labour deal that limits factory closures before 2014, Girsky indicated nonetheless that there would be job losses from its European business. “We know in the future that there may not be the same amount of people here as there are today. It is important that we create an appropriate safety net for these people … We have to make sure everybody understands the environment that we are dealing with.”

Echoing comments from the other mass-market producers in Europe, from Peugeot to Fiat and Renault, Girsky said car makers had to adapt to a “new reality” for a European market that would sell 12m cars this year compared with more than 14m before the credit crunch. “We need to develop a new plan, which is being developed as we speak, for the new economic reality in Europe,” he said…

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via GM boss won’t be drawn on UK car-making jobs | Business | guardian.co.uk.

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2 thoughts on “GM | Job losses to come from its European business

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  1. Pingback: Ford / Largest Salaried Hiring in the US for More Than a Decade | Job Market Monitor - July 24, 2013

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