(MENAFN) Over 4,000 employees could leave their jobs at Opel by 2020, after the German car maker was acquired by French PSA Group.
Works council chairman said PSA had presented labor representatives with plans to dismiss 3,700 employees, including 1,200 positions at the Ruesselsheim-based development unit alone, but an additional 2,500 Opel workers had also already accepted offers of early retirement while a still-unknown number of staff could accept severance packages worth 275,000 euros.
The German government has some concerns over the development, and urged PSA to keep the promises made with regards to protecting staffing levels during a process of corporate restructuring.
According to a German federal government spokesperson, it was a matter of priority for Chancellor Angela Merkel to maintain open communicative channels with all parties involved.
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