DaimlerChrysler 'may shift accounting to India'

10th July 2006, Comments 0 comments

10 July 2006, STUTTGART, GERMANY - DaimlerChrysler, Germany's biggest industrial group, has told labour leaders it may shift its accounting operations from Stuttgart to either India or the Czech Republic, a German newspaper said Sunday.

10 July 2006

STUTTGART, GERMANY - DaimlerChrysler, Germany's biggest industrial group, has told labour leaders it may shift its accounting operations from Stuttgart to either India or the Czech Republic, a German newspaper said Sunday.

Erich Klemm, head of the company's labour council, said staff would resist the relocation to a low-pay nation, according to the Stuttgarter Zeitung. The newspaper released the report in advance of its Monday publication.

He said the labour council was officially advised that management was contemplating the shift.

Talks have been under way between the two sides for two months on scrapping 3,200 white-collar jobs in Germany starting August 1 as part of a move to trim 6,000 administrative jobs worldwide.

DaimlerChrysler says it aims to cut costs and shorten decision- making cycles and hopes to complete 60 per cent of the reorganization before the year is out. The report did not say what skills would be recruited abroad or in which cities.

DPA

Subject: German news

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