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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
3,200 jobs Number of planned job losses
Announcement Date
20 July 2006
Employment effect (start)
1 August 2006
Foreseen end date
31 December 2008
Description
After reducing its production workforce by 8,500 in the course of a major restructuring, German car manufacturer DaimlerChrysler announced to cut 6,000 administrative positions worldwide. In Germany, 3,200 jobs in areas like finance, human resources and strategic planning will be shed. The total reductions, which amount to 20 percent of the 30,000 people employed in management, will be carried out by the end of 2008. The German works council and DaimlerChrysler now agreed to exclude direct dismissals till the end of 2007.
Sources
20 July 2006: Financial Times Deutschland
20 July 2006: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2006), DaimlerChrysler, Internal restructuring in Germany, factsheet number 63839, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63839.
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