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Mercedes-Benz,
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Tougher emissions rules will hit Daimler's profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in savings from cutting staff costs at its Mercedes-Benz business by the end of 2022, it said on Thursday. Daimler shares were down 2.3% in early trading at 52.17 euros, the biggest decline on Germany's DAX blue-chip index, which was down 0.3%. Management positions will be cut by around 10%, and company said it would also seek more than 300 million
Continue reading Mercedes-Benz plans job cuts to save over a billion dollars by 2022
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Mercedes-Benz plans job cuts to save over a billion dollars by 2022
