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Daimler Job Cuts Latest Videos

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Daimler Job Cuts Latest News

Daimler is cutting working hours at some of its plants as the carmaker continues to suffer from a shortage of semiconductors that has already hampered production this year, business monthly Manager Magazin reported.
Daimler Cuts Working Hours At Several Plants As Chip Shortage Bites: Report
Labour representatives at German carmaker Daimler said on Monday that discussions with management over cost cuts had become "rougher", after a board member said over the weekend that more than 15,000 jobs were at risk.
Daimler Talks With Workers Heat Up, With 15,000 Jobs At Risk
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales.
Daimler To Axe At Least 10,000 Jobs In Latest Car Industry Cuts
Tougher emissions rules will hit Daimler's profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in savings from cutting staff costs at its Mercedes-Benz business by the end of 2022, it said on Thursday.
Daimler Seeks 1 Billion Euros In Savings At Mercedes-Benz By Cutting Jobs
Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung said on Friday, citing a newsletter circulated by the company's works council.
Daimler To Cut 1,100 Managing Positions Worldwide: Report
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