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At Daimler, German trade union leader calls for job cuts and increased profits

At Daimler, German trade union leader calls for job cuts and increased profits Manager Magazin last week, in which he levelled major criticisms at the company’s management. Rather than direct his opposition to impending plant closures, job cuts and austerity measures, Brecht insisted that the attacks by the Daimler executive on its 300,000 employees were insufficient to “beat Tesla,” one of its main competitors. At the same time and echoing the far-right Alternative for Germany (AfD) party, the top union official called for Daimler to be protected against foreign investors. In a vein similar to the comments by Volkswagen (VW) works council head Bernd Osterloh, who claimed VW CEO Herbert Diess lacked political foresight, Brecht accused the Daimler executive of failing to “protect” the company against its Chinese competitors.

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