Daimler CEO warns of ‘drastic’ pay cuts, deeper restructuring Daimler CEO warns of ‘drastic’ pay cuts, deeper restructuring July 1, 2020 dzadmin Comments 0 Comment The COVID-19 pandemic will force manufacturers to do more significant restructuring than they planned before the crisis erupted, CEO Ola Kallenius said during a webcast hosted by the German union IG Metall.