Daimler Trucks to cut 1,250 jobs in North America

February 16, 2016 11:08 AM

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Daimler Trucks to cut 1,250 jobs in North America

FRANKFURT Daimler (DAIGn.DE) Trucks said on Tuesday it would cut 1,250 jobs in North America in response to sliding demand.

At the Daimler plant in Cleveland, North Carolina, 550 positions will be cut, a spokeswoman for Daimler said. A further 700 jobs in Mount Holly, North Carolina, will also be eliminated, Daimler said.

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