Mercedes-Benz management warned that it plans to close one of its plants in Germany and move production to Eastern Europe if employees do not agree to cost-cutting measures. Wirtschaftswoche reports this, citing company sources, with UNN reporting, citing Bild.
According to the publication, management is demanding that employees give up some benefits, including vacation pay and Christmas bonuses, as well as reconsider the 35-hour workweek. Management believes that current conditions are making German plants less competitive amid
Just look up how much dividends they have payed in the last few years alone (spoiler: it is almost 24 billion € since 2022). This is money that could have been spend innovating, improving and future proofing there vehicle line up.
The death of the combustion engine is nothing new, and yet all of the European car manufacturers hold onto it like it is their only hope.