The Dax group Daimler are at risk, according to information of the "Manager magazine" is still significantly more than previously known. Up to 30,000 jobs would be on the prank list, said the magazine on Wednesday, citing the project familiar people. Daimler chief Ola Källenius is considering, therefore, also plant closures. The Supervisory Board would on Thursday over parts of the austerity program with the largest staff group removal advice history. Daimler 40,83 EUR to +1.67 (+4,26%) Xetra

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To the vulnerable locations in the Mexican community work with Nissan, Aguascalientes, and works in Brazil or South Africa, among other things, the magazine reported. Also in the engine and transmission production at the headquarters in Stuttgart, therefore, capacity could be reduced. In addition, to go according to the report, in individual areas of the group, around 30 percent of executives. Daimler did not want to take the information, according to the magazine, position.

Daimler Board of management floor of tightened austerity and promises to be "constructive negotiations"

so Far, Daimler continued the job cuts primarily to severance payments, early retirement and partial retirement. In an Interview with the "Stuttgarter Zeitung" and the "Stuttgarter Nachrichten" is not castle staff, Board of management Wilfried Porth, most recently, but also layoffs - in spite of a yet to 2029 is set out in employment protection.

More than 15,000 employees would have to retire on a voluntary Basis, so that these could be preserved, and the content of collective agreements not tracked must act, said Porth. As the "Manager Magazin" reported, now, to Daimler employees receive in July and August deals for termination agreements. You want to invest? The experts from the Bernecker exchange-compass help you in your investment. (Partner offer), Free of charge, the recommendations of the Bernecker exchange-compass test! (Partner offer)

The car maker had already presented at the end of 2019, a transformation programme that worldwide at least 10,000 Posts should be deleted. In the course of this year it became known, however, that the bodies should removal of comprehensive and the estimated Savings in personnel will be significantly greater. In the light of the Corona due to the sharp Sales decrease in the first half of the year, Källenius at the annual General meeting announced at the beginning of July savings on stricter measures and spoke of a "constructive negotiations" with employee representatives.

Update: Daimler power in the second quarter of 1.9 billion euros loss

Daimler has retracted to a second-quarter loss of 1.9 billion euros. The sales from April to June fell by 29 percent to around 30 billion euros, as the company announced on Thursday. Sales fell 34 percent to approximately 542.000 vehicles. "Due to the unprecedented Covid-19-pandemic, we had to be a challenging quarter," said CEO Ola Källenius.

He can see "the first signs of a sales recovery" - in particular, in the case of Mercedes-Benz passenger Cars, where Daimler recorded a strong demand for its top models, and its electrified vehicles, continued Källenius. For the full year, the group expects a positive operating result.

Källenius stressed, Daimler was determined "to improve the cost base of our company". The car maker had already presented at the end of 2019, a transformation programme that worldwide at least 10,000 Posts should be deleted. In the course of this year it became known that the digits to the removal of comprehensive and the estimated Savings in personnel will be significantly greater.

"Our current efficiency targets were cut on a Transformation handle, but not on a global recession," said Källenius in a virtual press conference. Therefore, the group will review all of the "cost of the items, including a capacity and staff costs," and by 2025 "consistently lower". In the case of the personnel costs, the company is in "constructive discussions with employee representatives". Pay Källenius is not called. Staff, Board of management Wilfried Porth was recently told, more than 15,000 employees would have to retire on a voluntary Basis, so that by 2029, the current job security could be preserved.

share. since the Virus Crash almost

doubled After the figures last week, had the share price been a set up, on Thursday, he rose again significantly With just under five per cent Plus on 41,10 Euro, the Daimler share price not only on the Dax-tip. The share was also on a High since February, since the Corona-crisis market share was recognised for the first time with full force. In the Corona of a Crash, the paper had crashed to 21 euros, and had recovered thereafter, but again gradually. Goldman Sachs Analyst George Galliers praised in a recent study, the strong cost savings. The Outlook voice also confident. Daimler 40,83 EUR to +1.67 (+4,26%) Xetra

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What Källenius also be considered a success: You have to be able to drive in spite of the crisis the work on the strategically important issues for the future of digitization and electrification progress. Nevertheless, the income threshold should be reduced in the long term. "It is also strategically important to the company, weather-proof," he said.

At the end is likely to have an impact, too, on the model range. Källenius want the car division to re-align more on the luxury sector, the greatest potential he sees in each case at the upper end of the segments, and less in the mass-market models. Details there should be, but in a few months.

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/AFP

Date Of Update: 24 July 2020, 02:26