Mercedes-Benz China plans to cut workforce costs by 25% by 2027, source says
Mercedes-Benz is cutting 10-15% of sales and finance jobs in China and plans to reduce costs for office-based roles by a quarter in the country by 2027, a person with direct knowledge of the matter said.
Mercedes-Benz China responds to reports of layoffs
Mercedes-Benz China responded to the widely spread layoff rumblings today saying it is carrying out business adjustments which would inevitably affect some personnel, news portal Yicai.com reported.
Mercedes-Benz Plans to Cut Jobs as Earnings Expected to Slump
The luxury-car maker aims to slash production costs by 10% over the next couple of years, including shifting some manufacturing from Germany to lower-cost countries.
Mercedes-Benz plans to cut up to 15% jobs in China, Bloomberg News reports
Mercedes-Benz and its subsidiaries plan to cut up to 15% of their workforce in China, Bloomberg News reported on Thursday, citing people familiar with the matter. The job cuts will primarily impact its financing and sales units,
Mercedes Set to Cut Jobs in China as Local Competition Heats Up
Mercedes-Benz Group AG and its subsidiaries are planning to cut up to 15% of the automaker’s workforce in China, mainly within its financing and sales units, as the German manufacturer faces intensifying competition in the world’s largest car market,
Mercedes-Benz Cuts Workforce in China Amid Market Challenges
Mercedes-Benz (OTC:MBGAF) is reducing its workforce in China by up to 15%, according to Bloomberg News. The job cuts primarily impact Mercedes-Benz Automobile Finance Co and Beijing Mercedes-Benz Sales Service Co,
Mercedes-Benz China starts layoff process after weak sales
Mercedes-Benz has begun laying off staff mainly from its sales and financing units in China, becoming the latest foreign carmaker seeking to control costs
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Mercedes-Benz plans to cut 25% of workforce costs in China by 2027, source says
Mercedes-Benz is cutting jobs in China to achieve its goal of reducing by a quarter workforce costs in its biggest market by ...