Daimler to offer employees at trucks unit voluntary redundancy

by SpeedLux
Daimler logo

Daimler will offer employees at its Mercedes-Benz trucks company voluntary redundancy as it looks to decrease annual expenses by 400 million euros ($424 million) through a mix of budget and headcount decreases, a company representative stated.

The group agreed with labor agents to release the redundancy program on May 1 to cut white-collar personnel positions, the spokesperson stated, validating a report by Stuttgarter Zeitung.

Production employees will not be impacted, he stated.

“The decision was hard, but thinking about the unpredictable truck market and difficult competition we did not see any other option,” he said.

He stated the company had no target for the number of jobs would go as part of the program.

The paper had stated Daimler intended to lower its staff of 15,000 by an overall of in between 1,000 and 2,000 through measures consisting of voluntary redundancy programme, internal transfers, early retirement and attrition.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More