Comment on Daimler plans to cut administration costs by 20%: Handelsblatt

Daimler plans to cut administration costs by 20%: Handelsblatt

Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by global trade woes and ramp up issues at factories, Handelsblatt reported, citing company sources.

 

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