Recently, according to media reports, Mercedes-Benz has set a savings plan, aiming to reduce costs by 5 billion euros (about 380.7 billion yuan) by 2027, and plans to achieve half of this goal by the end of 2025. According to reports, Mercedes-Benz plans to implement large-scale layoffs, which may be as high as 20,000 people, and is expected to affect multiple departments and regional branches of the company. Globally, its layoffs may exceed 10,000 people, including management personnel. In addition to the layoff plan, Mercedes-Benz will also close inefficient factories, improve the utilization rate of existing factories and optimize the supply chain to further reduce costs and improve efficiency.