Mercedes-Benz Suspends Bonuses for 90,000 Employees in Germany, Plans to Extend Unpaid Working Hours
Recently, it was reported that automotive manufacturer Mercedes-Benz Group will suspend year-end bonuses for about 90,000 employees in Germany and plans to extend working hours without additional compensation.The report cited internal documents stating, "Mercedes-Benz will be forced to deny the payment of the annual extra bonus originally scheduled for July to approximately 90,000 employees in Germany. In times of economic hardship, employers may choose to postpone or cancel this payment." It is estimated that the amount saved by this move could exceed ten million euros.In addition, management also plans to discuss extending working hours without paying compensatory remuneration. Mercedes employees currently work 35 hours per week.
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