Magna wants to cut 10,500 jobs, 4,500 in Germany

Canadian auto parts maker Magna and its Russian finance partner plan to cut 10,500 jobs in Europe when taking over car makers Opel and Vauxhall, 4,500 of them in Germany, a German newspaper reported. The Frankfurter Allgemeine Sonntagszeitung (FAS), in its weekly edition to appear Sunday, reported the number of anticipated job cuts citing a [...]