Daimler said Thursday it planned to cut jobs to save more than €1 billion by the end of 2022, as it grapples with an expensive switch to greener vehicles.

The Mercedes-Benz maker has also been hit by expensive recalls, a slowing global market and a €870 million fine in September for …read more

Source:: https://www.thelocal.de/20191114/german-luxury-carmaker-daimler-set-to-slash-jobs-to-save-1-billion