Group 1 - Mercedes-Benz is implementing its largest layoff plan in history, with approximately 4,000 employees having accepted severance packages, which are designed with a gradient compensation structure linked to job level and tenure, with the highest compensation reaching "N+11" and senior management receiving up to €500,000 (approximately 4.1 million RMB) [1] - The layoff plan is not related to the Chinese market, and the company aims to encourage around 30,000 employees to voluntarily leave by offering generous severance packages [1] - The company expects to save approximately €5 billion annually by 2027 through outsourcing decisions, not filling vacant positions, and severance payments [1] Group 2 - In the first half of 2025, Mercedes-Benz's net profit declined by 55.8% due to deep industry transformation, intensified market competition, and tariffs, prompting the company to streamline operations [2] - Mercedes-Benz is accelerating its electrification and digital transformation efforts, planning to launch a series of new models over the next two years, covering all market segments from entry-level to high-end [2] - The company is focusing on the Chinese market, with plans to introduce multiple exclusive products from 2025 to 2027, developed locally and featuring unique applications and vehicle content [2] Group 3 - The German automotive industry is experiencing a wave of layoffs, with Volkswagen planning to cut over 35,000 jobs in Germany by 2030 and Bosch announcing a reduction of approximately 13,000 positions by the end of 2030 [3] - ZF Friedrichshafen has also stated it will cut around 7,600 jobs in its powertrain division before 2030 [3]

Core Viewpoint - Mercedes-Benz is undergoing significant restructuring, including a large-scale layoff plan aimed at optimizing capacity, supply chain, and personnel, with a focus on voluntary departures and cost savings [3][4]. Group 1: Layoff Plan - Mercedes-Benz is implementing its largest layoff plan in history, with approximately 4,000 employees already accepting severance packages [3]. - The severance compensation is designed with a gradient structure based on job level and years of service, with the highest compensation reaching "N+11" and senior management receiving up to €500,000 (approximately 4.1 million RMB) [3]. - The CEO, Ola Källenius, aims to encourage around 30,000 employees to voluntarily leave by 2027, targeting annual savings of approximately €5 billion through outsourcing, not filling vacant positions, and severance packages [3]. Group 2: Industry Context - The automotive industry is experiencing performance fluctuations due to deep industry transformation, intensified market competition, and tariffs, leading to a "slimming down" trend among major automakers [4]. - In the first half of 2025, Mercedes-Benz's net profit is projected to decline by 55.8% [4]. - Other major automakers, including Volkswagen and Bosch, are also announcing significant layoffs and capacity reductions, with Volkswagen planning to cut over 35,000 jobs in Germany by 2030 [5].