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20.12.2024 20:05
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The German car manufacturer Mercedes-Benz is scrapping salary increases for its managers in the coming year. They will also no longer be allowed to work from home in future, a spokesperson announced. Overall, the company would have to "become an even leaner company".

The aim is to reduce personnel costs, according to a letter sent to managers at the beginning of December. "We are continuously reviewing our structure." Mercedes-Benz must become even more resilient and successful in the long term. Everyone in the company must make a contribution to this.

According to the letter, all managers worldwide from department heads upwards, as well as individual team leaders, are affected by the lack of a salary increase. Bonuses and share programs are to remain unchanged.

Another change is that all senior managers in Germany will generally have to spend their working hours at their place of work from January 2025. The letter goes on to say that mutual exchange in presence is essential in order to respond better to challenges. According to the company, a four-digit number of senior employees worldwide will be affected by the changes.

Mercedes-Benz wants to reduce its costs by several billion euros annually in the coming years. This is justified by the tense situation in the automotive industry.

This article has been automatically translated,
read the original article here.

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