Overview

• Mercedes-Benz has introduced a voluntary severance program for administrative employees, offering payouts of up to €500,000 for long-term staff.
• The program is part of a broader strategy to save €5 billion by 2027, aimed at streamlining operations in a competitive automotive market.
• Employees are protected from layoffs until 2034, requiring the company to offer attractive financial incentives for voluntary departures.
• Examples of severance packages include over €500,000 for a 55-year-old team leader with 30 years of service and over €300,000 for a 45-year-old administrative worker with 20 years of service.
• Details of the program are now accessible via the company’s intranet, with the initiative set to officially begin in April 2025.