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Germany: Daimler offers 10-year job security plan

Management, the works council and the IG Metall trade union signed an agreement in December 2009 on a new "personnel concept" for Daimler's main manufacturing facility in Germany, which offers job security to the plant's 37,000 employees following a global reorganisation of Mercedes-Benz production.

The agreement will apply only to the Sindelfingen plant, near Stuttgart.