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MAN: Tug-of-war about the future of the truck giant about to be concluded - worst-case scenario off the table

2020-12-11T20:46:33.369Z


At the Munich truck manufacturer MAN, talks about the future realignment of the group are apparently nearing completion. The company and the works council have come closer together on key issues.


At the Munich truck manufacturer MAN, talks about the future realignment of the group are apparently nearing completion.

The company and the works council have come closer together on key issues.

  • The Munich truck manufacturer

    MAN

    has announced a comprehensive restructuring program.

  • A total of

    9500 jobs are

    at stake.

    The negotiations went on for a long time.

  • But shortly before the turn of the year,

    the discussions started

    to

    move

    .

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Munich -

There is movement in the

struggle for the future of the ailing truck manufacturer

MAN

- there will obviously be no redundancies for operational reasons.

"The topic is as good as off the table," said a person familiar with the processes at

Merkur.de

*.

Instead, the company and the works council would “in all probability” agree on a socially acceptable downsizing.

The

MAN works council

had surprisingly put the negotiations with the company on the planned staff cuts and the future position on hold in mid-November.

In support had

MAN

-Betriebsratschef

Saki Stimoniaris

said the company was "moved away a millimeter from his clear-cutting plans in seven sessions" as well.

MAN: CEO Tostmann looks to 2021 with caution

In

contrast,

CEO

Andreas Tostmann

recently

pointed out

the difficult economic situation at

MAN Truck & Bus

.

According to a release published at the end of October, the truck manufacturer expects an operating loss of 450 to 650 million euros for 2020.

Tostmann was also cautious about the coming year.

"We're going into the next year with very strict lockdown rules," the

MAN

boss recently said in an interview with Münchner Merkur.

Therefore, the year 2021 will "

 certainly be very difficult

for 

MAN

".

The

VW

* subsidiary announced a comprehensive restructuring program in mid-September.

According to the plans, 9500 of the group-wide 36,000 jobs could be lost.

The sites in

Wittlich

(Rhineland-Palatinate),

Plauen

(Saxony) and the plant in Upper Austria's

Steyr

are "up for grabs," it said.

In order to get the last deadlocked talks

going again

,

Gunnar Kilian

, the

Board Member for Human Resources at

MAN

parent company

Volkswagen

, got involved

.

In the meantime, the negotiations are "well advanced", it is said from informed circles.

An agreement is "to be expected soon, possibly before Christmas".

Thanks @itsmydrive https://t.co/JEy3CTaEkS

- MAN Truck & Bus (@MAN_Group) November 23, 2020

MAN: Downsizing is likely to be expensive

At the moment there are many indications that the negotiating partners could agree on a comprehensive solution for partial retirement.

To this end, the works council is pushing for comprehensive compensation offers for employees and the establishment of a training company.

With these demands it looks "very good," it said.

This also applies to requests by the works council

to submit

employment

offers

within the

Volkswagen Group

to

employees who are leaving

.

How many employees actually have to leave the truck manufacturer in the end is "currently still open," says

MAN

.

The future of the Wittlich, Plauen and Steyr locations, which are threatened with closings, is also "not yet fully clarified".

However, there are indications that the downsizing “could turn out to be less” than the initially feared 9,500 jobs.

Source: merkur

All news articles on 2020-12-11

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