Daimler DAIGn.DE will be a smaller company five years from now, focused on capturing recurring revenues with software-based services as Mercedes-Benz seeks to redefine luxury in an era of electric self-driving cars, Chief Executive Ola Kaellenius said. FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo The Stuttgart-based company founded by Carl Benz, who patented the first gasoline-powered car in 1886, is accelerating plans to shift the carmaker beyond combustion-engine vehicles, a step which will result in job losses. “The next five years we will become a smaller company,” Kaellenius told a Reuters Events broadcast on Thursday. “We will have a fundamental change in the industrial footprint on the powertrain side,” he said. Jobs will disappear because it takes less time to build an electric car than a conventional gasoline or diesel version. […]