Frankfurt, Germany, July 8, 2025 (AFP) - Daimler Truck to cut 5,000 jobs as German auto woes roll on

NAMPA / AFP

2025-07-08

German heavy-goods vehicle group Daimler Truck said Tuesday that it would cut around 5,000 jobs by 2030 in the latest sign of woe for Germany's beleaguered automotive industry. A "comprehensive and detailed restructuring plan" covering "six core cost reduction areas" will lead to "a significant job reduction in Germany by 2030", the company said in a statement. In a presentation to investors, Daimler Truck said 5,000 jobs would be cut in Germany,......

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