The maker of Mercedes-Benz said it would reduce staff costs by around 1.4 billion euros (1.54 billion U.S. dollars) by the end of 2022 and, among other things, to reduce the number of management positions worldwide by 10 percent.
The job cut is part of a program launched in mid-November to streamline the German car maker's structure and increase competitiveness, innovation, and investment strength.
The company said in a statement that the program is a response to "the biggest transformation" in the history of the automotive industry, as the development towards CO2-neutral mobility requires large investments.
Daimler said the company and employee representatives have agreed on measures to reduce costs and employment in a socially responsible manner, and the implementation details will be developed in the coming weeks.
Daimler's statement came just days after a similar one from its German peer Audi AG.
Audi said on Tuesday that the works council and the company have agreed to cut up to 9,500 jobs until 2025, while planning to create up to 2,000 new expert positions in areas such as electric mobility and digitalization.
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