Citing a drop in truck sales, Daimler will lay off 1,200 workers at plants in the U.S. and Mexico. Featured above is the Freightliner 108SD.Declining commercial truck sales has led Daimler AG to initiate layoff plans for more than 1,200 workers at its plants in the U.S. and Mexico.
Most job losses will occur at its plant in Mount Holly, North Carolina, as was the case for the company’s last lay-off announcement in February. Starting July 1, 600 workers will lose their jobs at the medium-duty truck plant, while 200 workers will be cut from the company’s Gastonia location by June 24, according to the Wall Street Journal.
Daimler’s plant in Portland, Oregon will lose 170 workers while 270 employees in Santiago, Mexico will be let go.
Daimler’s U.S. truck brand, Freightliner, dominates the heavy-duty commercial truck market in North America.
Daimler’s layoff plans follow its earnings announcement last month in which it projected a 15 percent drop in sales of medium and heavy-duty trucks.
