Mercedes-Benz Receives Approval for Cost-Reduction Plan Involving Layoffs, Sources Confirm
2025-03-04 / Read about 0 minute
Author:小编   

According to a Tuesday report by German magazine WirtschaftsWoche, the Mercedes-Benz Group has secured approval from its Works Council to execute a cost-reduction and staff reduction plan, which includes offering severance packages to employees. Notably, these compensation packages will only be awarded if both the employee and the company mutually agree to terminate the employment contract. The disclosure of this information stemmed from a video shared internally on the company's network.