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
They move3d fast, but so did the Chinese. It’s a competition, your opp0onent doesn’t always do as expected. China came sooner than expected because the Chinese development has been insane. No wonder Mercedes didn’t expect them to move that fast.
But the Chinese market is over saturated now, which is why China expands to Europe before expected.