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Opel Targets German Plants to Cut 4,100 Jobs and Revamp Business

  • PSA unit to eliminate 2,100 jobs at three German factories
  • Additional 2,000 positions may get cut in two stages by 2029
Manufacturing Of Vauxhall Vivaro Vans At PSA Group's Vauxhall Plant
Photographer: Chris Ratcliffe/Bloomberg
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PSA Group’s German car-making division Opel will cut up to 4,100 jobs, joining rivals around the globe in retrenching amid a sales slowdown and technological disruption.

The cuts will be focused at German sites in Ruesselsheim, Eisenach and Kaiserslautern, where Opel will reopen a voluntary leave program for employees to eliminate 2,100 positions by 2025, the company said in a statement Tuesday.