German commercial vehicle giant Daimler Truck has announced plans to eliminate around 5,000 jobs in Germany by 2030 as part of a broader cost-reduction strategy aimed at enhancing operational efficiency and staying competitive in a rapidly evolving global automotive industry.
The job cuts are part of Daimler Truck’s European cost-saving programme, with the company targeting more than €1 billion in savings by the end of the decade. The restructuring will impact various functions including production, development, management, sales, and administration.
One of the most affected areas will be the Mercedes-Benz Trucks division, which has struggled with underperformance in recent quarters.
The company plans to implement the workforce reduction primarily through natural attrition, partial retirements, and voluntary exit programs. Affected employees will be offered compensation packages as part of the transition.
The majority of job cuts are expected at Daimler Truck’s Leinfelden-Echterdingen site near Stuttgart, home to around 28,000 employees. In total, Daimler Truck employs approximately 35,500 people across Germany.
In addition to reducing labour costs, the company is also looking to streamline spending in material procurement, IT systems, research and development, and other operational areas. Despite the cuts, Daimler Truck has emphasized its commitment to managing the restructuring process with minimal disruption to its workforce.
The global automotive sector is currently undergoing significant transformation, driven by digitalisation, automation, and the shift toward electric vehicles. Daimler Truck’s latest move reflects the growing pressure on traditional manufacturers to adapt and remain competitive in this changing landscape.
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