Daimler To Cut At Least 10,000 Jobs, Blames It On Electric Cars

Mercedes’s parent company, Daimler, made €7.6 billion (or about $8.4 billion) in profit last year. But as we’re all in the midst of an electric car revolution, Daimler has apparently decided that some heads must roll, and it’s cutting at least 10,000 jobs to facilitate the switch.Read more…

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