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Oct 15, 2016

MAN TRUCK & BUSES' news * Germany - Truck staff get job guarantee until 2025

* Munich - VW's MAN: Job guarantee applies to German, Austrian ops 


--- Truckmaker MAN will offer job guarantees to some of its staff until at least 2025, a person familiar with the matter said... Job guarantees will apply to staff at MAN Truck & Bus in Germany and Austria and automatically extend through 2030 if not terminated prior to that date. MAN has 36,000 workers globally... Volkswagen (VW) had been seeking to build a global trucks business by integrating the heavy goods vehicle operations of Scania and MAN divisions... VW last month announced details on how Scania and MAN will in future share development of engines, transmissions, axles and emissions-treatment systems to try to align the two manufacturers more closely to boost profits... With Thursday's decision, MAN is reassuring workers after restructuring last year culminated in 1,800 job losses in Europe designed to revive languishing profitability and tackle high fixed costs... 
(Photo: MAN truck)  --   Munich/Berlin, Germany - Reuters - 13 Oct 2016

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