Jan 21, 2009 – German truck maker MAN AG (FSE:MAN) will launch short-time work at its plants in Munich, Nuremberg and Salzgitter in an effort to cut costs by 30%, a spokesman for the company said on Tuesday.

Work at the three German sites will be halted 42 days on average in the first half of the year. After implementing different work models, MAN will stop production for around 70 days in the first six months, which will affect 9,400 workers, according to data of trade union IG Metall.

The move has been approved by the respective authorities. Affected workers with children will get 67% of their net wages and those without children — 60%.

MAN had already halted production for several days in the third quarter of 2008 following a significant decline in incoming orders.

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