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Mercedes-Benz China starts layoff plan: the ratio is about 15%, compensation N+9

On February 27, according to media reports, Mercedes-Benz China launched a layoff plan to lay off about 15% of its employees. It is reported that this round of layoffs mainly involves the sales and auto finance systems, and the R&D system has not yet been involved. It is reported that in addition to the compensation of N+9, if the laid-off employees do not join a new company in the next two months, Mercedes-Benz China will also pay them additional wages for March and April, which means that the highest compensation from Mercedes-Benz China is equivalent to N+11. In response to rumors such as "Mercedes-Benz China's large-scale layoffs", Mercedes-Benz China issued a statement today saying, "The integration or reduction of businesses will inevitably involve the work arrangements of some employees. Mercedes-Benz China will strictly abide by relevant laws and regulations, and provide relevant employees with follow-up plans that are as reasonable and legal as possible with a frank, friendly and responsible attitude."

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