The carmaker emphasizes that it offers faster promotions, bigger pay raises and even “career coaches” to help young talent ascend the corporate ladder.
This is a Japanese carmaker that routinely turned down the heat at its employee dormitories during working hours and labeled photocopy machines with the cost per copy to discourage overuse.
The new policy was thought up "without true awareness of the consequences," said Dieter Zetsche, head of carmaker Daimler, in an outspoken interview with Bild, a tabloid.
When MG Rover, another carmaker, closed down in 2005, 90% of its employees found work.
Rather than collapse outright, a carmaker could file for bankruptcy protection.
When Toyota officially passed GM as the world's largest carmaker in 2008, the Toyota Tundra won Motor Trend's Truck of the Year.
Fears for the future of Britain's Aston Martin car brand were heightened after the Kuwaiti sovereign wealth fund that owns half of the luxury carmaker admitted it was struggling to refinance its debt.
Despite the threat to jobs in Sweden, the government had been reluctant to sanction a bail-out of the country's second most important carmaker.
