Mercedes Set to Cut Jobs in China as Local Competition Heats Up

Mercedes Set to Cut Jobs in China as Local Competition Heats Up

Mercedes-Benz Group AG and its subsidiaries are planning to cut up to 15% of the automaker’s workforce in China, mainly within its financing and sales units, as the German manufacturer faces intensifying competition in the world’s largest car market, according to two people familiar with the matter.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *