Mercedes-Benz will avoid hob cuts as it aims to outperform Bmw

Article by Christian A., on March 15, 2013

Daimler’s workers at its Mercedes-Benz plants don’t have to worry as the company is adamant that there will be no job cuts as it aims to outperform BMW in sales and profit. Daimler spokesman Florian Martens said that the company is doing everything it can to raise efficiency at Mercedes-Benz Cars.

However, there won’t be any firings at least until the end of 2016. Its agreement with unions doesn’t permit job cuts for this period. Manager Magazin had recently reported that Mercedes is planning to cut over 1,000 non-production jobs in sales, human resources and finance departments. While it’s true that Daimler is being pressured to increase Mercedes’ sales and profits, it simply cannot lay off anyone under its agreement with the unions.

Last year, Daimler put off a Mercedes profit target to 2014 at the earliest, four years later than the initial plan. CEO Dieter Zetsche’s plan to stimulate profits included a savings program named Fit for Leadership to reduce 2 billion euros ($2.6 billion) from spending by the end of 2014. Last Wednesday, Martens said that it could only reduce the work force on the basis of voluntary agreements.

He clarified that nothing has been decided yet on the personnel measures. Last month, Zetsche's contract was extended by three years, shorter than a planned five-year extension after investment funds expressed concerns.

Topics: mercedes-benz, bmw, sales

If you liked the article, share on:

Comments

Recommended

Here comes Blue Arrow, a Porsche 911 (991) Turbo S tuned by Edo Competition that is even quicker and faster than the 911 GT2 RS. Moreover, it is definitely the...
by - July 24, 2017
Earlier this year, Ford had already begun deliveries of the Ford GT. However, the company has been experiencing some delays at their facility in Canada. This means that the next...
by - July 24, 2017
BMW has given the 2018 1-Series a facelift, and they have just released a ton of new photos and a couple of videos to show us what it’s got. Nevertheless,...
by - July 24, 2017
When Chevrolet came out with the 2018 Equinox last September, the facelifted model was offered in a diesel option for the first time, plus it weighed much less at 400...
by - July 23, 2017
If you are a huge fan of the hardcore GTS version, you probably know that the closest you could get to that model is the upgraded model of the M4...
by - July 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries