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

  • B0rax@feddit.org
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    15 hours ago

    Sadly I don’t have all the sources right now because I looked it up this morning.

    But here is a source for 5 billion for the year 2023. Here is a source for 3.3 billion for the year 2025

    Here is another source that has multiple years (although I don’t know if it is trustworthy, but the numbers match with the others).

    Also note that in addition to these dividends, mercedes Benz did buy back quite a lot of stock.

    So money is really not an issue here.