Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

8,500 jobs
Number of planned job losses
Job loss
Announcement Date
6 April 2006
Employment effect (start)
Foreseen end date

Description

The reduction of 8,500 jobs within the Mercedes Car Group division, which Daimler-Chrysler announced in September 2005, is completed by 90%. By 31st March 2006, almost 7,800 employees had signed voluntary agreements to terminate the employment contract including 1,800 agreements on early retirement.


Sources

  • 7 April 2006: Handelsblatt
  • 7 April 2006: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2006), DaimlerChrysler, Internal restructuring in Germany, factsheet number 63308, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63308.