Mercedes-Benz is considering closing factories in Germany.
The automotive giant Mercedes Benz has decided to freeze further investments in production in Germany and is allowing the closing of factories in the country amid disputes over cutting staff costs.
The company explained that the cost of an hour of work in individual factories in Germany is five times higher than in the concern's factories in Eastern Europe.
"The management decided to suspend the investments after failing to reach an agreement with the workers' committee and trade union representatives to reduce labor costs."
- noted on Reuters.
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