Overview

• The reductions will focus on Mercedes-Benz Trucks operations at Gaggenau, Kassel, Mannheim, Stuttgart and Wörth am Rhein.
• Cost Down Europe targets over €1 billion in permanent recurring savings across production, administration, IT and R&D by 2030.
• Cuts will be delivered mainly through natural attrition, part-time retirement schemes and voluntary severance programmes.
• The works council has disputed the 5,000-job figure, asserting no specific headcount agreement was made and calling for further review.
• Management aims to raise its adjusted pre-tax margin above 12 percent by 2030 in response to soft demand and cost pressures.