<ul data-eligibleForWebStory="false"><li>German commercial vehicle manufacturer, Daimler Truck, plans to cut around 5,000 jobs in Germany by 2030 as part of a cost-reduction strategy.</li><li>The restructuring initiative is aimed at boosting efficiency and ensuring long-term competitiveness in the changing global automotive landscape.</li><li>The job reductions will affect various departments, with the Mercedes-Benz Trucks division expected to bear a significant portion of the cuts.</li><li>Daimler Truck intends to implement the cuts through natural attrition, retirements, and voluntary exit programs while offering compensation packages to impacted employees.</li></ul>

Daimler Truck to slash 5,000 jobs in Germany by 2030

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