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Sep 16, 2005

Cut - Germany - GM's Opel Rejects Labor Union Plea

BERLIN, Germany -Focus/AP -Sept 16, 2005 :-( General Motors Corp.'s Opel unit on Friday rejected a plea from a labor representative to reconsider its plans to cut 2,800 jobs at its Bochum plant by 2007... He said in a report, that the works council wanted to save 1,000 more jobs was incorrect, but named no alternative figure... GM announced plans last year to cut as many as 10,000 jobs at Adam Opel in Germany to improve its profitability... GM Chairman and CEO Rick Wagoner said on Tuesday at the Frankfurt auto show that the company is about halfway through that plan...

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