Mercedes-Benz is cutting jobs in China to achieve its goal of reducing by a quarter workforce costs in its biggest market by 2027, a person with direct knowledge of the matter said. The German ...

Mercedes-Benz is cutting jobs in China to achieve its goal of reducing by a quarter workforce costs in its biggest market by 2027, a person with direct knowledge of the matter said. The German luxury ...

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 ...

Mercedes-Benz is reducing its workforce in China by 10% to 15% in sales, finance, IT service, and legal departments to lower costs by a quarter by 2027. Despite laying off employees, the company plans ...

Mercedes-Benz has to save money: According to an insider, the German car manufacturer is cutting 10 to 15 percent of jobs in China. Last week, the listed company announced a savings program of ...

Mercedes’ decision shows the struggles facing foreign carmakers in China. Major legacy brands have swiftly lost ground to a wave of agile domestic marques, led by BYD Co., that have won over ...

Mercedes-Benz Group China said in a statement to Bloomberg News that it’s worked with employees to adjust operations based on the competitive environment and market demands. Mercedes’ decision ...

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 ...

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 ...

STORY: Sources say Mercedes-Benz is cutting jobs in China to achieve its goal of reducing by a quarter, workforce costs in its biggest market by 2027. The German luxury carmaker announced further ...

(Reuters) - 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 ...

(Reuters) - 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 ...