Published

Job Reductions Ahead at MAN?

Volkswagen Group's sweeping reorganization may eliminate as many as 2,000 jobs at commercial truckmaker MAN SE, union sources tell Reuters.
#workforcedevelopment #labor

Share

Volkswagen Group's sweeping reorganization may eliminate as many as 2,000 jobs at commercial truckmaker MAN SE, union sources tell Reuters.

Management has targeted annual savings at MAN of more than €600 million by 2017. Reuters' sources say the plan would centralize heavy-truck production at MAN's factory in Munich and produce light- and medium-duty trucks at the company's facility in Styria, Austria.

The move would phase out truck production at MAN's factory in Salzgitter, Germany, and turn the facility into a components plant. The head of MAN's works council agrees the unit has too much capacity.

Reuters says the intent is to reduce the workforce through attrition and early retirement programs.

RELATED CONTENT

Gardner Business Media - Strategic Business Solutions