Mercedes-Benz to axe more than 1,000 jobs in cost-cutting drive

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Move blamed on heavy cost of investing in electric vehicles just as traditional car sales slow

Mercedes-Benz plans to save €1.65bn by cutting more than 1,000 jobs in the latest sign German carmakers are struggling to make big investments in electric car technology.

 

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What they should do instead of ending jobs is invest in solar power. They can install solar panels in all their plants to transform them green and save energy costs. They can even sell their own solar panels as a side offering to diversify their portfolio. MercedesBenz UN

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