Daimler set to lay off 15,000 employees, cut model range
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Daimler set to lay off 15,000 employees, cut model range

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Home Auto news Industry Daimler set to lay off 15,000 employees, cut model range

Daimler is expected to lay off 15,000 employees by 2022, according to information in the German press. The group’s officials declined to comment on the subject.

By the end of 2019, Daimler announced that it “plans to cancel thousands of jobs globally by the end of 2022”. The German manufacturer has reached a final agreement with the unions on the reduction of costs by 1.4 billion euros, following that the number of positions in the management structure will be reduced by 10%.

The German press claims that the future is much darker for some employees of the German company. According to Handelsblatt, Daimler wants to lay off 15,000 employees by 2022, and the announcement would be made by CEO Ola Kallenius this week.

According to the same source, Mercedes is to announce the abandonment of some models in the range, including the coupe and cabriolet versions of the S-Class.

Daimler officials declined to comment on information in the German press.

Via Automotive News

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