HR staff at DaimlerChrysler are facing the axe, after the car maker announced plans to cut 6,000 management jobs over the next three years in a bid to save £1bn per year.
The company, which employs about 160,000 people in Germany and almost 385,000 workers worldwide, said it will cut 20% of its HR, accounting, and strategic planning staff worldwide.
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DaimlerChrysler’s Mercedes division is already in the process of eliminating 8,500 workers as it looks to improve its margins.
It is the latest car firm to cut its workforce in a bid to reduce costs. On Monday, Ford said it was shedding 25,000-30,000 manufacturing jobs in North America.
