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, ROUNDUP: MAN is cutting 3,500 jobs in Germany | message, Forex-News, Forex-News
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ROUNDUP: MAN is cutting 3,500 jobs in Germany | message

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, ROUNDUP: MAN is cutting 3,500 jobs in Germany | message, Forex-News, Forex-News


, ROUNDUP: MAN is cutting 3,500 jobs in Germany | message, Forex-News, Forex-News

MNCHEN (dpa-AFX) – the board of directors and works council of the truck manufacturer MAN have agreed to cut 3,500 jobs in Germany by the end of next year after a month-long dispute – far fewer than previously planned. As the company announced on Tuesday in Munich, the Saxon location in Plauen with around 150 employees and the Austrian plant in Steyr with 2,200 employees are “available. Here the board of directors is reviewing all options, including those of a sale or closure.”

MAN works council chairman Saki Stimoniaris said: “The key points of the paper are the exclusion of compulsory redundancies at the German locations, extensive socially responsible measures and perspectives for all colleagues.” MAN originally planned to cut 9,500 of the 36,000 jobs in Germany and Austria – around 5,600 of them at the Munich truck plant, the Nuremberg diesel engine plant and the Salzgitter component plant.

Under the pressure of the EU climate regulations, MAN is to be completely realigned and converted into a “leading manufacturer of commercial vehicles in the field of electric and hydrogen drives”. The key issues paper that has now been agreed provides for “a realignment of the development and production network with a strong focus on future technologies”. The Wittlich site in Rhineland-Palatinate will be downsized, but will remain. The aim is to improve MAN’s result with the realignment by “up to 1.7 billion euros”.

Works Council Chairman Stimoniaris said the key issues paper will secure the future of jobs and the company: “The investments in research and development as well as in the individual locations are fixed.” The collective bargaining agreements and works agreements are to be concluded this year.

MAN has been sulking for years. The EU climate requirement that trucks emit 15 percent less carbon dioxide by 2025 and at least 30 percent less carbon dioxide by 2030 is increasing the pressure. Then there is the corona crisis.

The works council had described the original plans for job cuts as “clear cut” and went to court. The board of directors had described it as a necessary restructuring in order to be able to invest in alternative drives and digitalization with the money saved./rol/DP/jha



, ROUNDUP: MAN is cutting 3,500 jobs in Germany | message, Forex-News, Forex-News

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, ROUNDUP: MAN is cutting 3,500 jobs in Germany | message, Forex-News, Forex-News

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