EMCC European Monitoring Centre on Change

Adam Opel (General Motors)

Company/Organisation:
Adam Opel (General Motors)

Geographic Location

Country: Germany
Region: Rheinhessen-Pfalz; Rheinland-Pfalz
Location of affected unit(s): Rüsselsheim

Company

Sector: Manufacturing
Manufacture of transport equipment
29 - Manufacture of motor vehicles, trailers and semi-trailers
Number Employed: 36600
Group: General Motors

Employment Effects

Announcement Date: 30-09-2001
Planned Job Reductions min: 2500
Planned Job Reductions max: 2500
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-07-2002
Foreseen End Date: 01-12-2003

Additional Information

In September 2001, Adam Opel AG, subsidiary of General Motors, introduced the `Olympia´ restructuring programme, seeking to return the company to profitability. The programme includes measures such as the reduction of production capacity and savings in the area of supplies. In negotiations between the Opel German works council and national management, both parties agreed to reduce the company's workforce by 2,500 during the years 2002 and 2003. In October 2003, Opel is cutting the working week of about 5,500 employees to 30 hours. Opel said this was aimed at avoiding layoffs at a time when demand for new cars in Germany was weak.