Mercedes-Benz To Slash 25% Of Office-based Job Costs In China
Allwork
FEBRUARY 27, 2025
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 the matter said. The German luxury carmaker is cutting costs globally and warned last week that 2025 earnings would fall sharply from last year.
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