BERLIN, July 8 (Xinhua) -- Daimler Truck said on Tuesday it plans to cut around 5,000 jobs in Germany by 2030 and to relocate parts of its production to countries with lower costs, as the company looks to reduce expenses and strengthen competitiveness in Europe.
The job reductions will primarily be achieved through natural attrition and early retirement, with targeted severance packages also under consideration, the German commercial vehicle manufacturer said.
