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Opel workers stage walkout to protest GM move | Germany | Deutsche Welle | 05.11.2009

Workers at all four German plants walked out and joined picketers positioned outside the gates at factories in Bochum, Eisenach, Kaiserslautern and Ruesselsheim to underscore their concern that thousands of jobs may be lost.

Opel employees were dismayed by an announcement by their parent company, General Motors, that a plan to sell the struggling carmaker to Canadian auto parts supplier Magna and the Russian lender, Sberbank, had been reversed at the last minute.

The next few weeks could turn nasty for the two sides after the Opel works council said that, under the circumstances, it would reject wage cuts as a way to salvage the company. GM responded, saying in that case, it would take Opel into bankruptcy.



Ad astra per aspera
by In Wales (inwales aaat eurotrib.com) on Thu Nov 5th, 2009 at 02:02:33 PM EST
[ Parent ]
Which just goes to show you it all depends on whose ox is being gored.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Nov 5th, 2009 at 10:31:41 PM EST
[ Parent ]

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