Mercedes-Benz parent company Daimler is preparing to layoff 15,000 workers as it tries to adapt to electric cars (DMLRY)

Daimler AG is reportedly considering up to 15,000 layoffs, as reported by German newspaper Handelsblatt.The German automaker, which owns brands like Mercedes-Benz, Maybach, and Smart, had previously announced it would eliminate at least 10,000 jobs by 2022.A Daimler spokesperson said the company is “aiming to cut a low five-digit figure of jobs worldwide by the…

Mercedes-Benz parent company Daimler is preparing to layoff 15,000 workers as it tries to adapt to electric cars (DMLRY)

Daimler AG is reportedly considering up to 15,000 layoffs, as reported by German newspaper Handelsblatt.The German automaker, which owns brands like Mercedes-Benz, Maybach, and Smart, had previously announced it would eliminate at least 10,000 jobs by 2022.A Daimler spokesperson said the company is “aiming to cut a low five-digit figure of jobs worldwide by the end of 2022” as it looks to reduce roughly $1.5 billion in personnel costs.The industry is facing tough times, with automakers announcing 80,000 planned jobs cuts in 2019.Visit Business Insider’s homepage for more stories.

Automaker Daimler AG is reportedly considering up to 15,000 layoffs in the coming years, according to German newspaper Handelsblatt.Daimler announced in December that it would slash its headcount b
Read More From Publisher