GERMANY: DC in talks to axe 800 cable-making jobs at Mannheim CV plant
DaimlerChrysler AG on Monday said that it was talking to worker representatives about cutting almost 800 jobs, or a tenth of the work force, at a Mannheim, Germany commercial vehicle plant, Associated Press (AP) reported.
The move would affect only the plant's cable activities, which have high production costs, DaimlerChrysler spokesman Othmar Stein told AP.
According to AP, Stein said that, despite the ongoing slump in the market for commercial vehicles, the company isn't eyeing cuts to truck and bus manufacturing at the plant.
Stein told AP it was not yet certain when the talks would end, or how much money the move could save DC.
He also added that it was also too early to say if the company might shift the cable operations to a region with lower production costs or outsource them to another company, AP reported.