Leaked document reveals plans to cut workforce by 20 per cent
24 July 2009

A leaked document has revealed that Magna wants to cut a fifth of Vauxhall's workforce if it is successful in taking over the company.

The Times newspaper has revealed the contents of proposal documents shown to the German Government and the head of General Motors Europe on 17 July.

Twitter - follow autocar.co.uk

In the documents, Magna International said that it plans to sack 830 workers at the Vauxhall plant in Ellesmere Port, and another 354 at Luton.

However, it is not known whether the documents are final proposals, and they could have been modified following last-minute discussions.

Unions expect that Magna and its main rival bidder, RHJ International, the Belgian industrials group, will sack about 10,000 workers across GM Europe as a whole. However, it has not been made public which workers would lose their jobs.

According to the documents, Magna also reckons that it can return GM Europe to profitability by 2011 and that workers will share 10 per cent of profits.

Should the job cuts go ahead as outlined, the British workforce would suffer the same proportion of redundancies as the businesses across Europe.

See all the latest Vauxhall reviews, news and video

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Lexus LC500
    Car review
    20 October 2017
    Futuristic Lexus LC coupé mixes the latest technology with an old-school atmospheric V8
  • Maserati Levante S GranSport
    First Drive
    20 October 2017
    Get ready to trade in your diesels: Maserati’s luxury SUV finally gets the engine it’s always needed
  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK