The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
8,500 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/63308.