General Motors’ Saab brand has been faced with a number of difficulties over the last few weeks – including filing for protection from creditors and even a complete stoppage in production – but a handful of Saab employees received a bit of good news on Tuesday.
According to Automotive News, Saab has reduced its planned layoffs from 750 to 701. The reduction in pink slips is due to better-than-expected results from labor union negotiations.
Of the 701 planned layoffs, 646 will come from Saab ’s blue collar workers, with the remaining 55 being comprised of white collar workers. It remains unclear where Saab decided to keep on the additional 49 employees.
GM put it Swedish Saab division up for sale late last year, with the fate of the brand still largely up in the air. Several suitors are said to be interested in Saab, but no buyers have yet stepped up to the plate.
