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Opel to cut up to 4,100 jobs

Through Le Figaro with Reuters

The German car manufacturer Opel, a subsidiary of the French group PSA, is preparing to cut up to 4,100 jobs against the background of a global drop in car sales and technological upheaval in the sector, reported Monday evening the news agency Bloomberg.

Citing a source familiar with the matter, the agency said that at least 2,100 jobs will be cut by 2025 and that two waves of workforce reductions of a thousand each could follow in 2027 and 2029. Opel employees will be informed Tuesday.

The automotive sector, which is undergoing a global market slowdown, particularly in China, must also adapt to the tightening of pollution rules and invest massively in the development of electric vehicles and autonomous vehicles.

»See also – Autonomous car: should we believe it?

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