Suche
Mein Konto
Daimler Truck: Massive savings and job cuts in Germany!
Daimler Truck is planning massive savings in Germany by 2030: job cuts, outsourcing and socially responsible measures affected.
Daimler Truck: Massive savings and job cuts in Germany!
Daimler Truck, the largest truck manufacturer in the world, has decided to tighten cost-cutting measures. This was confirmed by CEO Karin Rådström. As part of the “Cost Down Europe” efficiency program, the company aims to save at least one billion euros in costs by 2026. These measures will primarily affect locations in Germany, where extensive job cuts are imminent Mercury reported.
Information about the planned measures was recently provided to the workforce. There are also plans to cut jobs across all functions at headquarters. CFO Eva Scherer emphasized that the group was not doing badly, but that costs in Germany still had to be reduced. This leads to parts of the activities being relocated abroad or even outsourced.
Details about the savings program
The austerity program, also known as “Cost Down Europe”, aims to save over one billion euros in recurring costs by 2030. Loud The shareholder Around 28,000 employees in production, administration, development and sales at German locations of the core brand Mercedes-Benz Trucks are affected. The reduction in personnel should be carried out in a socially acceptable manner, primarily through natural fluctuation and partial retirement in production, while a severance pay program will be launched in administration.
The exact number of jobs affected has not yet been made public, but insiders estimate that up to 5,000 jobs could be affected. Redundancies for operational reasons are excluded until the end of 2034; This is part of an agreement between the board of directors and the general works council. An extension of job security is also in prospect.
Locations and measures
Daimler Truck does not plan to cut jobs by closing German locations. There are five production locations in Germany, including Kassel, Mannheim, Stuttgart, Gaggenau and the largest truck assembly plant in Wörth am Rhein. These sites are the focus of the measures, although a possible outsourcing of administrative services is only planned after an economic audit. The SWP emphasizes that both sides, the board of directors and the works council, are satisfied with the agreements reached so far.
In addition, it was decided to limit the temporary employment rate to a maximum of 18 percent. There are currently around 700 temporary workers employed at German locations. Daimler Truck shares reacted positively to the news and showed an increase of around five percent in a friendly market environment.
The changes that are seen as essential in order to survive in global competition show the challenges that Daimler Truck faces. The coming years will be crucial in determining how the company and its workforce develop in this transformation phase.