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Mercedes-Benz Cars to slash €1 billion in costs by 2022

FILE PHOTO: An employee of German car manufacturer Mercedes Benz prepares the company's logo
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FRANKFURT (Reuters) - German car and trucks maker Daimler on Thursday said it would seek to cut more than 1 billion euros (£861 million) in personnel costs from Mercedes-Benz Cars by 2022 as part of a sweeping overhaul.
Date Published: Nov 14, 2019
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