By Alimat Aliyeva
Daimler Truck, the German truck manufacturing giant, has
announced plans to cut 5,000 jobs in Germany by 2030 as part of a
broader cost-cutting initiative aimed at improving operational
efficiency, Azernews reports.
In its statement, the company clarified that the majority of
these job reductions would be achieved through natural staff
turnover and partial retirements, with targeted compensation
packages for affected employees. The cuts will primarily impact the
Leinfelden-Eckerdingen plant, located near Stuttgart, which, as of
the end of last year, employed around 28,000 people. The total
workforce of Daimler Truck in Germany currently stands at
approximately 35,500 employees.
These job cuts are part of Daimler Truck’s European cost-cutting
program, designed to streamline operations and ensure the company
remains competitive in an increasingly challenging market. The
reductions will affect multiple departments, including production,
management, sales, administrative, and development, with the
Mercedes-Benz Trucks brand—recently showing signs of weakness—being
particularly impacted.
In addition to reducing labor costs, the company aims to lower
expenses in areas such as materials, management, IT infrastructure,
and research and development. This restructuring is expected to
help Daimler Truck achieve a reduction of over 1 billion euros in
current expenses by 2030.
Daimler Truck operates five large factories across Germany, and
while the company is committed to minimizing the impact on workers,
the job cuts signal broader industry trends. Many manufacturing
companies, including those in the automotive sector, are adjusting
to new realities, such as the transition to electric vehicles,
automation, and the rising pressure to cut costs amid economic
uncertainty.
While the cuts may seem harsh, they could also be part of a
larger strategy to position Daimler Truck as a more agile and
sustainable player in the global market. As the industry shifts
towards cleaner, more efficient technologies, Daimler’s efforts to
reshape its workforce and infrastructure might be aimed at securing
long-term growth and profitability in a rapidly evolving
sector.