Mercedes To Offer Early Retirement To Employees

Posted by www.eMercedesBenz.com on November 28, 2005 at 12:35 PM CST

Forbes is reporting today that DaimlerChrysler, in an effort to  
implement their 8,500 planned job cuts at the Mercedes Car Group,  
will offer its employees an early retirement plan.

The retirement plan was supposed to take effect starting February 1,  
2006, but has since been bumped up to December 1st of this year.

Sueddeutsche Zeitung cited a company spokesman as the basis for the  
claims.

I don't know much about business, but I can think of another way to  
speed up the necessary job cuts - it involves a shovel and a large hole.

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