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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.92 - Manufacture of machinery for mining, quarrying and construction
650 jobs Number of planned job losses
Announcement Date
15 December 2014
Employment effect (start)
15 December 2014
Foreseen end date
31 December 2020
Description
German automobile manufacturer Daimler will cut 650 out of 6,500 jobs in Düsseldorf by 2020.
As the result of negotiations between works council and management, the reduction shall be implemented by severance payments and by not reoccupying vacant jobs. Operational dismissals are excluded.
The works council had previously estimated that up to 1,800 jobs could be affected. In order to save costs, Daimler is planning to produce the next generation of the transporter Sprinter in Mexico as well as the US.
Eurofound (2014), Daimler, Internal restructuring in Germany, factsheet number 78015, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78015.
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