Automotive industry: Probably partly six-figure severance payments: Mercedes wants to cut jobs again
The automaker plans to launch another severance program in December. This time, it is supposed to be aimed at more employees. Insiders see a connection with the new home office rules.
Mercedes-Benz is planning to reduce personnel again through a voluntary program, as announced to its German employees via email. The company has been struggling with declining profits and sales figures for years, and the situation has worsened due to the downturn in the Chinese market and increasing competition from Chinese rivals in Europe.
A company-wide savings program called "Next Level Performance" has been in place since early last year, aiming to cut costs in areas such as production, material purchasing, and personnel. A previous voluntary program between April 2025 and March 2026 saw 5500 employees in indirect areas leave the company.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
