DaimlerChrysler has played down reports that it might have to delay its annual shareholders meeting because its bookkeepers were refusing to work overtime to complete its 2006 results.
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“From today’s perspective there is no reason to assume a postponement of the annual meeting. This is also true for the press conference,” a spokesman told Reuters on Monday.
The Frankfurter Allgemeine Sonntagszeitung newspaper had earlier reported that the timing of the results news conference and annual general meeting was at risk due to the protest.
Staff were upset over the company’s plans to cut 6,000 white-collar jobs and shift some functions to Prague from Germany, the Sunday paper reportedly said.
“There is a massive risk that we will not be able to stick to our planned reporting deadlines,” a DaimlerChrysler spokeswoman earlier told dpa-AFX news at the weekend.
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By GlobalDataDC plans to present fourth quarter and full year figures on 14 February, and hold its AGM on 4 April.
Local (Stuttgart, Germany) press reports had said that accounting department workers were being asked to work overtime, adding that the company’s workers council had expressed concern about the number of extra hours required.
