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Business News/ Auto News / Daimler plans additional 10,000 job cuts, say reports
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Daimler plans additional 10,000 job cuts, say reports

Daimler aims to outsource information technology services and cut positions in research and development, the reports say

Volkswagen AG will move parts of its commercial vehicles output to Poland, the reports sayPremium
Volkswagen AG will move parts of its commercial vehicles output to Poland, the reports say

Daimler AG’s Chief Executive Officer Ola Kaellenius plans a new cost savings program and looks to cut an additional 10,000 jobs through 2025, magazine Automobilwoche reported citing unidentified company sources.

The carmaker aims to outsource information technology services and cut positions in research and development, according to the magazine. The company previously announced in November a plan to reduce its workforce by 10,000 through 2022.

Automobilwoche also reported that Volkswagen AG will move parts of its commercial vehicles output to Poland and cut about 5,000 staff at its main production site in Germany.

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Published: 21 Jun 2020, 03:42 PM IST
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