November 14, 2019 / 8:14 AM / a month ago

Mercedes-Benz Cars to slash 1 bln euros in costs by 2022

FRANKFURT, Nov 14 (Reuters) - German car and trucks maker Daimler on Thursday said it would seek to cut more than 1 billion euros in personnel costs from Mercedes-Benz Cars by 2022 as part of a sweeping overhaul.

Reporting by Edward Taylor; editing by Thomas Seythal

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