Mercedes Benz and Audi cut nearly 20000 jobs. Why did the auto giants cut jobs
A new round of layoffs in the global auto industry has come. In the past week alone, the two German auto giants Daimler and Audi announced a total of nearly 20000 layoffs.
The president of the German automobile industry association also gave the latest notice to the media - workers in the automobile industry are about to usher in a cold winter. He said that the layoffs in the German automobile industry will be more significant next year.
It is reported that this round of layoffs in the automotive industry is caused by multiple factors.
First, from the perspective of market environment, the turbulence of brexit, international trade frictions among major economies, which then drag down world economic growth, and the continuous popularization of shared travel technology and applications all have an impact on the demand side of automobiles and disturbed the automobile production environment; Second, within the industry, the trend of electrification is also constantly subverting the automotive market.