Mercedes-Benz plans German job cuts: Mercedes-Benz stock gains 2.04 percent

Published on 10/26/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 sales fell 6.00 percent to 491,700. Mercedes-Benz stock costs EUR 41.57 on October 26, 2026, 2.04 percent above its Xetra close.

Cost cuts and upcoming results

Mercedes-Benz plans to reduce temporary workers in Germany, with about 3,000 employed at three plants on October 23, 2026.
RBC cut its Mercedes-Benz target from EUR 54.00 to EUR 44.00 on October 13, 2026.
Mercedes-Benz stock trades at EUR 41.57 at 10:44 a.m. CET at Lang & Schwarz on October 26, 2026, 2.04 percent above the Xetra close of October 23, 2026.

Makrofoto eines Wassertropfens auf gebürsteter Aluminiumoberfläche — Makroaufnahme einer gebürsteten Metalloberfläche veranschaulicht die Materialqualität der Mercedes-Benz Group AG (DE0007100000), Illustration mit AI erstellt.

Mercedes-Benz stock (ISIN DE0007100000) was trading at EUR 41.57 at Lang & Schwarz on October 26, 2026, 2.04 percent above the Xetra close of October 23, 2026. The company is preparing further cost measures in Germany, while its third-quarter results are due on October 28, 2026. Yahoo Finance reported the workforce plans on October 23, 2026.

Germany cost plan targets temporary jobs

Mercedes-Benz plans to reduce its temporary workforce by several thousand positions, according to Yahoo Finance. The report said about 3,000 temporary workers are employed at plants in Sindelfingen, Bremen and Rastatt. Management is targeting EUR 800.0 million in annual savings in Germany, while the permanent workforce remains covered by a job security agreement through fiscal year 2034.

Three events set the context

On October 7, 2026, Mercedes-Benz reported 491,700 cars and vans sold in the third quarter, down 6.00 percent from the prior-year quarter, while battery-electric vehicle sales rose 52.00 percent, according to Mercedes-Benz Media. On October 13, 2026, RBC cut its price target from EUR 54.00 to EUR 44.00 before the quarterly results, as reported by t-online. The October 23, 2026 workforce report added a labor-cost dimension to the savings program.

What comes next for Mercedes?

The next two dates are October 28, 2026, for the third-quarter results and analyst conference call, and November 10, 2026, for the Sustainability Update 2026, according to the Mercedes-Benz Group investor calendar. The results will show whether the 6.00 percent third-quarter sales decline has affected revenue and operating profitability, while the labor plan points to EUR 800.0 million as the annual savings objective in Germany.

Stock price and valuation context

Mercedes-Benz reported fiscal-year 2025 revenue of EUR 132.2 billion and EBIT of EUR 8.2 billion on its investor-relations page. The current market capitalization is EUR 39.8 billion as of October 26, 2026, and the 52-week range is EUR 38.89 to EUR 62.34. The price therefore remains EUR 2.68 above the lower end of that range.

Mercedes-Benz was trading at EUR 41.57 at Lang & Schwarz on October 26, 2026 at 10:44 a.m. CET, 2.04 percent above the Xetra close of October 23, 2026 at EUR 40.74. The next reporting date gives investors a concrete test of the cost program and the China-related pressure highlighted in the RBC assessment. The further course of trading is shown by the continuously updated real-time quote of Mercedes stock.