DaimlerChrysler to fire 9,300 workers

News - Martes 31 de octubre (15:35 hrs.)

El Financiero en línea

México, City, october 31.- DaimlerChrysler AG, one of the largest automakers in Europe, plans to eliminate 9,300 employment positions from its affliate Mercedes Car Group and the company said the costs of the workforce reduction will be less than previously estimated.

A high-ranking DaimlerChrysler executive said Tuesday the elimination of 9,300 jobs is part of a massive restructuring program, which has so far cost the automaker 840 million euros.

The executive said the expense of 840 million euros will not affect the companyns future profits, because this amount has already been included in past quarterly reports.(Con información de Finsat/MVC)