Daimler AG staff rejoices as it has been confirmed that each member will get 1,900 euros plus interest with their December pay slips. After the company threw away plans to switch to stock awards as a method to conserve liquidity, it estimated that it will get about 280 million euros ($417.4 million) in profit-sharing payments in cash. Last Tuesday, Daimler revealed that the change was made after consulting with the works council because tax issues made the proposed system unappealing.

[via autonews]

Tags: car news, Daimler, daimler cash bonus, daimler news, daimler stocks

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