Volkswagen, BMW and Daimler, how will the slimming treatment of car manufacturers in Germany be
From Volkswagen to BMW, passing through Daimler: the German car lawsuits and plans for job cuts
In Germany, the Covid pandemic hit hard and abruptly slowed down the auto sector, which is now cutting jobs in the restructuring phase and restarting.
Among the latest announcements on the subject is that of the truck company Man, of the Volkswagen group, which could leave 9,500 employees at home. Daimler is also planning numerous cuts, such as BMW.
All the details.
VOLKSWAGEN SLIMMES MAN
German truck company Man, which is part of Volkswagen's listed truck manufacturing division Traton SE, has announced that it plans to cut a third of its workforce, or 9,500 jobs, between Germany and Austria.
OBJECTIVE RESTRUCTURING
Man's goal is restructuring, which should bring savings of 1.8 billion euros annually. The company wants to achieve MAN's operational return on sales of 8% by 2023.
About 55% of the company staff is located in Germany, the rest abroad.
BMW: CUTTING OF 10,000 JOBS
The cut option has already been considered also at BMW, which has decided, according to Reuters , not to extend the contracts of 10,000 workers, precisely because of the post-Covid crisis.
The Munich-based company has reached an agreement with the works council on a package of "personnel measures for a sustainable future".
THE DAIMLER CUTS
In recent weeks, rumors of an important employee cut have been running around in the German press. Daimler is believed to be ready to cut over 30,000 employees. According to Handelsblatt , the company plans to cut 20,000 jobs , more than the 15,000 at risk that Human Resources Director Wilfried Porth spoke about. The cut will affect 30% of employees.
The German company is also ready to close some plants. The Mexican joint venture with Nissan, Aguascalientes and the factories in Brazil or South Africa are also at risk.
THE SAVE OPTION: 4 WORKING DAYS
Meanwhile, Germany's largest trade union, IG Metall, has proposed thinking of a four-day work week to help secure jobs against the economic fallout of the coronavirus crisis and structural changes in the automotive industry.
“The four-day week… could allow jobs to be kept in industry instead of demolishing them,” IG Metall's Joerg Hofman told the Sueddeutsche Zeitung newspaper.
THE MERKEL NEIN TO AIDS TO PETROL AND DIESEL CARS
In this context, a serious blow to the sector comes from Angela Merkel's No to subsidies for diesel and petrol cars. In a summit between government representatives, presidents of the Länder with the presence of automotive industries, automotive managers and trade unionists, we read in an article by Start Magazine , the chancellor has definitively closed the doors to the hypothesis that new state aid can support the old production model, namely petrol and diesel cars.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/volkswagen-bmw-e-daimler-la-cura-dimagrante-dalle-case-auto/ on Fri, 11 Sep 2020 13:40:21 +0000.