Magna could cut 1,400 jobs at Vauxhall
MAGNA is thought to have drawn up plans which could see it slash as many as 1,400 jobs at Vauxhall, wiping out around a third of the British car maker’s 4,450 workers.
The jobs will be cut at both of Vauxhall’s plants in Luton and Ellesmere Port, while workers in Germany will be comparatively safe.
Unions called for urgent talks with Magna, the new parent company of Vauxhall owner of GM Europe.
The Unite union’s Tony Woodley said yesterday that he had “growing concerns” over Magna’s future plans for the UK
Meanwhile, Magna is expected to axe just over 2,000 of GM Europe’s 6,401-strong Spanish workforce, but Germany – which offered state aid to support Magna’s bid for the firm – will escape swingeing cuts.
Business secretary Lord Mandelson is understood to think that the UK can still exert some influence over the number of job losses at Vauxhall.