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Relocation of the Daimler finance division: Daimler seeks compromise

Relocation of the Daimler financial division
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As part of the reorganization, Daimler wants to cut 250 of the 1,850 jobs in the financial services division . In the medium term, 50 million euros per year should be saved.

Find a fair solution quickly

The aim of the talks is that in the end fewer jobs are cut and as few employees as possible are affected by relocations, said the union spokeswoman. In addition, an exclusion of redundancies for operational reasons is targeted. A spokesman for Mercedes-Benz Bank announced: 'The aim of the company management is now to find good and fair solutions for everyone involved in negotiations with the works council.'

According to the company plans, the headquarters of the Relocate the financial services division from Berlin to Stuttgart and reduce the number of German locations from nine to three. In Stuttgart, the headquarters of financial services and the Mercedes-Benz Bank are to be brought together under one roof. In Berlin, Daimler wants to bundle the car business, such as vehicle financing and motor vehicle insurance. For Saarbr├╝cken, the plan primarily provides for the processing of the direct banking business. The renovation is due to be completed in 2012.

In the past few months, hundreds of employees have protested against the plans. The company management rejected two alternative concepts of the works council.

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