Daimler Truck, the biggest truck maker in the world, has announced a big plan to save money. This will lead to the loss of 5,000 jobs in Germany by 2030.
The company wants to move some of its production to countries where labor and materials are cheaper.
They also plan to make other changes to work more efficiently. These job cuts were shared during their Investor Day event. This news adds to the difficulties already faced by Germany's automotive industry.
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