Forbes is reporting today that DaimlerChrysler, in an effort to implement their 8,500 planned job cuts at the Mercedes Car Group, will offer its employees an early retirement plan.

The retirement plan was supposed to take effect starting February 1, 2006, but has since been bumped up to December 1st of this year.

Sueddeutsche Zeitung cited a company spokesman as the basis for the claims.

I don't know much about business, but I can think of another way to speed up the necessary job cuts - it involves a shovel and a large hole.

You can check out the full article over at Forbes by clicking here.