UPDATE 3-DaimlerChrysler to cut white-collar staff by fifth

Newswire

(Adds details and analyst comment throughout) By Michael Shields, European Auto Correspondent FRANKFURT, Jan 24 (Reuters) - DaimlerChrysler will cut up to a fifth of its white-collar staff over the next three years, chopping around 6,000 jobs to boost efficiency, the world's fifth-biggest carmaker said on Tuesday. The global programme -- the first major strategic step by new Chief Executive Dieter Zetsche -- will cost around 2 billion euros ($2.5 billion) by the end of 2008 but should ...

Premium Content (PAID Subscription Required)

"UPDATE 3-DaimlerChrysler to cut white-collar staff 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!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×