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November 14, 2019Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs
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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.
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