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DMLRY Mercedes Benz Group AG (PK)

14.32
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mercedes Benz Group AG (PK) USOTC:DMLRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 14.32 14.00 14.45 0.00 01:00:00

Daimler to Cut Up to 15,000 Jobs -Handelsblatt

10/02/2020 10:27am

Dow Jones News


Mercedes Benz (PK) (USOTC:DMLRY)
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--German car maker Daimler AG is planning to cut up to 15,000 jobs and ramp up cost savings, reports German newspaper Handelsblatt, citing company sources.

--The company said in November that it is planning to cut at least 10,000 jobs and reduce staff costs by around EUR1.4 billion. The savings are now likely to exceed the previously announced figure, reports Handelsblatt.

--A spokesperson for Daimler wasn't immediately available for comment.

 

Full story (in German): https://bit.ly/2uBTV6j

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

February 10, 2020 05:12 ET (10:12 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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