Daimler cost cuts to hit Germany hardest - Stuttgarter Zeitung

FRANKFURT (Reuters) - Daimler's workforce in Germany will bear the brunt of 1.4 billion euros (1.20 billion pounds) in cost cuts planned by the end of 2022, the head of the carmaker's works council told a newspaper."Two thirds of the sum are to be saved in Germany," Michael Brecht told Stuttgarter Zeitung.Daimler said on Friday it would cut at least 10,000 jobs worldwide over the next three years, following others in the industry seeking savings to invest in electric vehicles and to cope with..