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Name | Symbol | Market | Type |
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Mercedes Benz Group AG (PK) | USOTC:DMLRY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 14.32 | 14.00 | 14.45 | 0.00 | 01:00:00 |
By Kim Richters
German car maker Daimler AG said Wednesday that it is continuing short-time work for some of its staff in Germany until April 30.
The short-time work--reducing workers' hours while pay is partially covered by the government--will continue to affect employees working in the car maker's passenger cars, vans and commercial vehicle plants and administration.
Staff working in necessary functions and strategic projects continue to be excluded, while production in "some selected plants" will be gradually ramped up, it said.
Daimler had announced short-time work in March, saying it would initially run from April 6 until April 17.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
April 08, 2020 09:52 ET (13:52 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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