Daimler, the German carmaker that owns Mercedes-Benz, has said it will shed at least 10,000 jobs worldwide as it seeks to fund the switch to electric cars.
Daimler stated this on Friday but did not give a precise figure globally or in the UK, but said it could be a “low five-figure number” across the globe by 2022.
Daimler said the car industry was going through “the biggest transformation in its history”.
“The development towards CO2-neutral mobility requires large investments, which is why Daimler announced in the middle of November that it would launch a programme to increase competitiveness, innovation and investment strength,” the firm said.