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Articles related to "Opel Job Cuts"



Wage Arbitrage: The Main Problem of Political Economy
A few years ago General Motors (GM) invested EUR750,000,000 upgrading its Opel production facility in Russelsheim, Germany. Two years after production began, the plant operates at 60% capacity, Opel sales continue to decline, and GM announced it will reduce its work force in Europe by 12,000 people. What went wrong at Opel?
opel job cuts opel in russelsheim wage arbitrage


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