voluntary buyouts News

Mercedes Strikes Deal on Cost-Cutting Measures and Job Reductions

Mercedes has agreed on a cost-cutting program with job reductions, offering voluntary buyouts to employees. The plan includes reduced wage increases, mandatory use of vacation days...

Mercedes Strikes Deal on Cost-Cutting Measures Including Voluntary Job Buyouts

Mercedes-Benz has agreed with its Works Council on a cost-cutting program, including voluntary job buyouts, wage increase adjustments, and outsourcing of administrative functions t...