Job cuts at DaimlerChrysler are over for now, even at its trucks business, chief executive Dieter Zetsche reportedly said in a German newspaper interview released ahead of publication on Thursday.
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“There are no further (job cuts) planned at the moment,” Reuters said Zetsche was quoted by Die Zeit as saying when asked about more reductions beyond 8,500 at Mercedes Car Group in Germany, 300 at Smart and 6,000 among white-collar workers already announced.
Asked specifically if staff at commercial vehicles plants needed to worry about their jobs, Zetsche reportedly said: “There is nothing being prepared there now.”
Reuters noted that DaimlerChrysler has the world’s biggest trucks business and has said it expects a sharp market downturn next year amid a cyclical weakening of demand exacerbated by the introduction of stricter emissions standards in major markets.
Trucks business head Andreas Renschler has refused to rule out job cuts, especially in North America given tough market conditions expected there. He has said any cuts in Germany should be limited to workers without long-term contracts, the report added.
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