Open

Coming up

Don't miss

Replay


LATEST SHOWS

REPORTERS

Halal tourism on the rise

Read more

FOCUS

Many Turks angry over Syrian refugee situation

Read more

ENCORE!

Shakespeare’s 450th Birthday : The Best of the Bard

Read more

BUSINESS DAILY

The Tour de France, a PR machine

Read more

IN THE PAPERS

Coverage of the third plane crash in one week - from France, Algeria and Burkina Faso

Read more

IN THE PAPERS

Coverage of the plane crash that took 116 lives - almost half of them French

Read more

DEBATE

Gaza: A Truce At All Costs?

Read more

AFRICA NEWS

Central African Republic: Brazzaville ceasefire talks deliver fragile deal

Read more

FOCUS

Sluggish tourist season in Crimea

Read more

  • Live: ‘No survivors’ from Algerian plane crash, says Hollande

    Read more

  • French families grieve for Algerian plane crash victims

    Read more

  • French lawyer files complaint against Israel at ICC

    Read more

  • Protest against Gaza offensive turns deadly in West Bank

    Read more

  • LA Times wipes France off the map in air crash infographic

    Read more

  • Tour de France fans bring the ambience to the Pyrenees

    Read more

  • Ukraine names acting PM after Yatseniuk's shock resignation

    Read more

  • Deadly strike on UN shelter in Gaza Strip

    Read more

  • Wreckage of Algeria plane found in Mali

    Read more

  • BNP to pay $80 million for defrauding Dept of Agriculture

    Read more

  • Pope meets Christian woman sentenced to death in Sudan

    Read more

  • Italy’s Nibali cruises to victory in 18th stage of Tour de France

    Read more

  • Iraqi parliament elects moderate Kurd as president

    Read more

  • US, European agencies lift travel restrictions to Tel Aviv

    Read more

Business

Daimler puts 18,000 truck workers on partial layoff

Latest update : 2009-03-11

Daimler, the world's leading constructor of heavy trucks, said it would put 18,000 staff at its German truck plants out of work for several months. The German automaker had previously announced the partial layoff of around 50,000 auto workers.

AFP - Germany's Daimler auto group will lay off 18,000 workers at its German truck plants for several months, a statement said on Wednesday.

Daimler said four Mercedes-Benz plants were concerned by the layoffs and the measures would take effect by Easter (April 12), or May at the latest and run until the end of summer vacations, which is in late August.

The company declined to give details on how the the measures would take effect or on production cutback targets.

That would be decided site by site with workers' representatives, a Daimler spokeswoman said.

Daimler, the world's leading heavy truck maker, has been hit by weak demand and orders continue to fall, it said in a statement.

The latest available figures put Daimler's workforce in the heavy truck division at around 30,000.

Daimler has already implemented partial layoffs of around 50,000 workers in German auto production that would last until June, the spokeswoman said.

A plan to compensate workers affected by temporary layoffs was recently extended in Germany as part of the government's overall economic stimulus plan aimed at avoiding outright firings.

Several large groups have announced temporary layoffs since.

On Wednesday, the troubled computer chip maker Infineon said partial layoffs would affect a total of about 9,000 workers in Germany.

The German auto parts group Continental said Wednesday that it would close two tyre plants, one in Germany and one in France, that employed almost 1,900 workers.

And the economy ministry said orders for industrial goods had fallen by 8.0 percent in January from December, with export orders showing the biggest drop.

On a 12-month basis, German industrial orders have now shed 35 percent, which UniCredit economist Alexander Koch termed "a new record rate of decline."

Date created : 2009-03-11

COMMENT(S)