Germany's Daimler Truck group says it will slash 5,000 jobs as part of a big savings plan. The company is seeking to trim costs as sales decline, with...
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- NEWMOBILITY.NEWS - A La Une - 09/Jul 09:48
Daimler Trucks to cut 5,000 jobs in Germany by 2030
German truck maker Daimler Trucks, one of the leading companies globally in the sector, has announced that it will cut 5,000 jobs in its homeland, Germany, by 2030 to become more market resilient and improve its profitability. In Germany, the company employs around 35,500 employees, of whom around 28,000 in its Stuttgart hub. Sluggish economic conditions in Germany, coupled with rising energy and logistics costs, are contributing factors to the plans to relocate parts of its production to “countries with cost advantages.” Week results in crucial US market The restructuring plans were announced by Daimler Truck Holding AG (Daimler Truck), which hosted its Capital Market Day 2025 at the Truck Manufacturing Plant in Cleveland, North Carolina, USA. Continue reading at newmobility.news.
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