Opel, like several other mass-market car manufacturers on the continent, has been struggling amid economic gloom in Europe and overcapacity in the auto industry. The turnaround plan envisions cost cuts, new models and efforts to win new export sales.
The Adam Opel GmbH unit is based in Germany, where the automaker has more than 20,000 employees
-- a bit over half of GM's total European workforce. About 3,000 people work at the Bochum plant, and it wasn't clear how many jobs might remain after car production ends.
GM's warehouse in Bochum will continue operating after 2016 and may be expanded, Opel said. It also is negotiating with employee representatives to move component production to the site.
Opel "will implement still-necessary job reductions in the most socially responsible way," Steve Girsky, chairman of Opel's board of directors and vice chairman of GM, said in a statement.
He added that the company hoped to avoid forced layoffs.
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