GM to cut 12,000 jobs in Europe

GM to cut 12,000 jobs in Europe

In a drive to cut costs, General Motors (GM) will be cutting 12,000 jobs in Europe, that's nearly 20% of its European workforce.

It is feared that most of the job losses will be taken by Opel and the majority of those cuts to be in Germany, possibly at the Rüsselsheim and/or Bochum factories.

For more detailed information check the story out at the BBC website