opel cuts working hours as demand slumps
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

Opel cuts working hours as demand slumps

Arab Today, arab today

Arab Today, arab today Opel cuts working hours as demand slumps

Frankfurt - AFP

German carmaker Opel, a loss-making unit of US giant General Motors, said Thursday it will reduce working hours at two key plants as demand in the European car market slumps. \"In consultation with the works\' council and the IG Metall labour union, Adam Opel AG will introduce short-time work at its plants in Ruesselsheim and Kaiserslautern from September. It was agreed that 20 working days would be cut between then and the end of the year,\" Opel said in a statement. \"The European car market is dropping dramatically,\" the statement said. \"Falling capacity utilisation can no longer be compensated with measures such as flexitime,\" said Opel\'s personnel chief Holger Kimmes. \"Short-time work is now the right way to bridge this weakness in the market.\" The head of the general works council, Wolfgang Schaefer-Klug, said the measure would \"secure jobs\" and help limit financial hardship for the employees concerned. The measure would be introduced both in the production operations, as well as in administration. Ruesselsheim is Opel\'s main production site and also its headquarters and employs a workforce of 13,800, with 3,500 in production, 3,300 in administration and a further 7,000 in engineering. \"Around half of the employees will be affected,\" Opel said. The Kaiserslautern plant employs a workforce of 2,500.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

opel cuts working hours as demand slumps opel cuts working hours as demand slumps

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

opel cuts working hours as demand slumps opel cuts working hours as demand slumps

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 01:41 2017 Saturday ,12 August

Moroccan video sparks debate on sexual harassment
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday