Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Central African Republic : stability still a struggle ahead of 2015 elections

Read more

MEDIAWATCH

Armed clowns terrify the north of France

Read more

DEBATE

Oscar Pistorius sentenced : Does the punishment fit the crime? (Part 1)

Read more

MEDIAWATCH

Provocative sculpture "unplugged"

Read more

THE OBSERVERS

'Flying coffins' in Ivory Coast and a rich Maltese couple rescuing migrants

Read more

FOCUS

London now the world's most expensive city

Read more

WEB NEWS

USA: Ebola Halloween costumes spark outrage online

Read more

IN THE PAPERS

Jokowi: 'A new hope' for Indonesia

Read more

IN THE PAPERS

Christophe de Margerie, a jovial and strategic boss

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)