Mercedes-Benz Offering Buy-Outs to Alabama Plant Workers

[Merc1]

VANCE, Ala. (AP) - With the economy slowing and demand for new vehicles shrinking, Mercedes-Benz is offering buyout packages its nearly 4,000 workers at its Alabama plant for the first time since the factory opened 11 years ago.

A plant spokeswoman said executives hope to know by the end of the year which employees might accept the buyouts, which were announced to workers on Thursday.

The Mercedes-Benz M-Class Sport Utility, the R-Class Sport Tourer, and the full-sized GL-Class Luxury Sport Utility Vehicle are built at the Vance plant.

Company officials did not specify how many employees Mercedes hopes will take the buyouts to balance the dip in demand, or what approach the company would take if too few employees opted for the buyouts.


Full Article: Mercedes-Benz offer workers buyout package: Associated Press Business News - MSN Money


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[warot]

Wow, did anyone read this part at the end of the article?

"The Vance plant's converted to a four-day, 32-hour work week earlier this month."

That is ridiculous! Does anyone know if they axed the night shift completely?

 

[Giannis]

I didn't know that things were so bad for Daimler!

 

[Tarek]

It's simply bad for all.