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Sep 27, 2005

Cuts - Germany - Mercedes May Cut 5,000 Jobs in Germany

USA -Bloomberg -Sept. 27 2005: -- Mercedes-Benz chief Dieter Zetsche, after four weeks in the post, intends to eliminate at least 5,000 jobs to help revive profit at the DaimlerChrysler AG luxury car division, people familiar with the plan said... The supervisory board of DaimlerChrysler, the fifth-largest automaker, is scheduled to announce the job cuts tomorrow after a two-day board meeting in Auburn Hills, Michigan, said company officials who didn't want to be identified...

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