UPDATE 1-Germany's MAN to cut 1,800 jobs at trucks division

miércoles 24 de junio de 2015 10:07 GYT
 

* MAN revamps truck production in Germany, Austria, Poland

* MAN will cut 1,400 white-collar, 400 production jobs

* Revamp "absolutely necessary" to fix MAN -VW trucks chief

* Reuters reported details of reorganisation on June 17 (Adds comments from VW executive, works council boss, detail and background)

BERLIN/MUNICH, June 24 (Reuters) - Germany's MAN SE said it will cut 1,800 jobs at its main trucks division part of the Volkswagen-owned company's efforts to slim down to lower costs and revive profit.

Europe's largest automaker has spent billions of euros over the past decade on expanding stakes in MAN and Swedish peer Scania to meet a long-standing goal of competing with truck market leaders Daimler and Volvo.

But VW has yet to reap significant cost savings from the combination and last month aligned MAN and Scania in a new truck holding company.

MAN said on Wednesday it would reshuffle production at major truck factories in Germany, Austria and Poland. In the past, the company has often been forced to reduce workers' hours at these plants when usage was low.

"The measures are absolutely necessary," VW trucks chief Andreas Renschler told Reuters on Wednesday at a conference in Berlin.   Continuación...