US Edition500 thousand euros, just leave: Mercedes has finally been generous to those who quit: EADaily
25 Articles
25 Articles
Mercedes has to cut capacity and save five billion euros. In the future, the carmaker wants to pay less salary and relies on a severance model.
500 thousand euros, just leave: Mercedes has finally been generous to those who quit: EADaily
EADaily, March 24th, 2025. The German luxury car manufacturer Mercedes-Benz is allowing very generous compensation to survive the planned job cuts in its administration. So, according to Yahoo Finance, currently employees with long-term contracts are already being offered amounts of more than 500…
German carmaker Mercedes-Benz wants to reduce the number of employees in order to save around five billion euros by 2027, and is offering severance packages of 500,000 euros to employees who decide to voluntarily leave the company.
Mercedes-Benz is planning a drastic job reduction, relying on the voluntary nature of the employees concerned. In some cases, very high severance payments are also paid.
The brand with the star wants to save heavily and become more profitable. The car maker can cost a lot of money. For many years of employees he offers high sums.
The German auto giant Mercedes has announced a large savings program. In the next few years about 30,000 jobs will be saved in production, sales and administration. The employees will now be offered a "golden handshake" of up to 500,000 euros. The fat severance payments will help to save the Group by 2027 about five billion euros. Figures from the Intranet, which are available to the "Handelsblatt", show: Mercedes takes a lot of money into its h…
Coverage Details
Bias Distribution
- 71% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
