"We have proposed to reduce the administrative costs with 1.2 billions euro until 2010. The world conjuncture and the oil price increase forces us to take measures", said Peter Luscher, the general director of the group. Around 6.400 Germans will be affected by the reorganization, and 12.500 employees from the administrative field of the group at the global level, according to the German newspaper „Sueddeutsche Zeitung“. The German company has approximately 435.000 employees in the entire world.