https://assets.rappler.com/787EC60DF86045699C48A777A502AA07/img/9E729823379B4B27B9162C0F16096960/afp-20170329-daimler-mercedes-benz-logo_9E729823379B4B27B9162C0F16096960.jpg
DAIMLER JOB CUTS. The company logo of German carmaker Daimler and Mercedes-Benz is pictured before the annual shareholders meeting in Berlin on March 29, 2017. File photo by Tobias Schwarz/AFP

More pain for German car industry as Daimler axes 10,000 jobs

Daimler, which employs 304,000 people globally, says the job cuts would be achieved through natural turnover, early retirement schemes and severance packages

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