A Guarantee Until 2034

On 4 March 2025, Mercedes-Benz announced a package of savings agreed with its group works council. The job security agreement for about 91,000 employees in Germany was extended from the end of 2029 to the end of 2034. In return, employees accepted a lower share of the profits and other cuts. The head of the works council, Ergun Lümali, said: Ja, es wird notwendige Einschnitte und Verzicht geben. Yes, there will be necessary cuts and sacrifices.

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