Negotiations On A Billion-euro Savings Package

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Negotiations On A Billion-euro Savings Package
Negotiations On A Billion-euro Savings Package

Video: Negotiations On A Billion-euro Savings Package

Video: Negotiations On A Billion-euro Savings Package
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The Daimler Group wants to save two billion euros in personnel costs in 2009. Negotiations with the works council began on Thursday.

The works council and board of directors of the car company Daimler started negotiations on Thursday in Stuttgart about the billion-euro savings package demanded by the company's management. Daimler boss Dieter Zetsche wants to save two billion euros this year with a bundle of measures in personnel costs. The 141,000 employees of Daimler AG in Germany are affected by these plans. The Daimler Board of Management would like to come to a swift conclusion. The negotiations are carried out for the general works council by Erich Klemm and for the company management by Human Resources Director Günther Fleig. Both sides have agreed not to make any statements to the public about the status of the negotiations.

No redundancies for operational reasons until 2011

So far, compulsory redundancies at the car manufacturer are excluded until the end of 2011. The job security contract from 2004 is currently not available, said Fleig. The Daimler Board of Management wants to cut the weekly working hours for 73,000 employees in research, sales and administration by up to five hours.

The 68,000 employees in the Daimler factories are to receive less allowance for short-time work. The second stage of the tariff increase planned for May is to be postponed. In addition, vacation and Christmas bonuses should shrink and the profit-sharing bonus for 2008 should not be paid out. (dpa)

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