FRANKFURT, Jan 24 (Reuters) - DaimlerChrysler will cut its management by up to a fifth over the next three years, chopping 6,000 jobs as a way to boost efficiency, the world's fifth-biggest carmaker said on Tuesday. "In total, the new management model will reduce the cost of administrative functions at DaimlerChrysler, in an effort to reach benchmark levels," it said in a statement. "Together with other ongoing efficiency programs...(administrative) costs are expected to be reduced by ...
Premium Content (PAID Subscription Required)
"DaimlerChrysler to cut management by fifth" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.