Daimler Truck has announced the closure of tb.lx, its dedicated technology center in Lisbon, effective March 31, 2027. The decision will impact approximately 100 employees, who will receive transition support and severance packages.
tb.lx tech hub closure and layoffs in Portugal
Founded in 2018, the Lisbon-based hub has played a critical role in developing connectivity services and software products for global markets across Europe, the US, and Asia. Chief Information Officer Raghavendra Vaidya noted that the shutdown stems from a strategic shift to centralize internal IT operations rather than reflecting on the local team's performance.
Daimler Truck restructuring and job cuts 2026
The phased wind-down follows years of growth for the digital center, which moved into a new Lisbon facility in 2024. As multinational companies re-evaluate their corporate footprints, industry observers continue to track these shifts through ongoing market news.
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