Daimler to Cut 6,000 Administrative Jobs Over 3 Years

[shugah]

Daimler to Cut 6,000 Administrative Jobs Over 3 Years

Jan. 24 (Bloomberg) -- DaimlerChrysler AG Chief Executive Officer Dieter Zetsche plans to eliminate 6,000 administrative jobs, the latest in a series of measures to reduce spending and boost profit at the world's fifth-largest carmaker.

The cuts will save the company 1 billion euros ($1.2 billion) net a year and are equivalent to about 20 percent of the administration staff, the company said in a statement today. The move comes a day after Ford Motor Co. said it would cut over 30,000 jobs to end North American losses.

DaimlerChrysler already faces expenses of about 950 million euros to cut 8,500 manufacturing jobs at Mercedes's German plants. Zetsche slashed 40,000 jobs from 2000 to 2004 to help Chrysler return to profit in the U.S. and he said he's determined to make Mercedes more efficient.

http://www.bloomberg.com/apps/news?pid=10000087&sid=anPl7XGfxB.w&refer=top_world_news

[Christa]

1. Good thing the economy is getting better

who still believes it? :mad: :mad:

[jarab]

2. Add to talking (screaming) point ....

Since * has been in Washington, 140,000 North American automotive manufacturing jobs have been eliminated or are already scheduled for elimination. That's one-third of them all!!
It hurts a lot of brothers and sisters.

...O...

[newblewtoo]

5. How sad but true

I have said before and will say again, this is payback to the UAW. Don't think for a minute the 'thugs don't have a hand in this. They are doing the same thing to the Federal Workers under the guise of "National Security" through the NSPS program. Check it out:
http://www.cpms.osd.mil/nsps/

Their ultimate goal is destruction of all Unions.

[Turley]

7. This doesn't have anything to do with the UAW

These are mostly management jobs. Mostly German ones at that.

[Bozita]

3. $1.2 billion US divided by 6000 firings equals $20,000 per firing?

What part of this don't I understand?

[seriousstan]

4. I would say you don't understand the math part of it.

Use a calculator.

[Bozita]

6. $200,000 per suit sounds better

Makes more sense too.

Thanks.

[wicket]

8. Wow, what a BOOMING economy we've got!

30,000 jobs gone from GM, another 30,000 from Ford, and now this. My heart goes out to all of the workers.

[llmart]

9. I'm not 100% sure.....

but I think these are jobs in Germany, not here. But as I said, I'm not sure. Crappy piece of reporting when the reporter doesn't answer the basic question of "where."

[area51]

10. jobs

As people have mentioned on other threads, are these jobs really being cut, or are they being offshored to low-wage countries?