Costs to develop electrification and self-driving technologies is putting pressure on many automakers' bottom lines, including Daimler which on Thursday said it will cut jobs as a result of these pressures. CEO Ola Kaellenius, speaking at an investor meeting in London, said the jobs cut will primarily be at the Mercedes-Benz cars division. A...
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Friday, November 15, 2019
Daimler to cut jobs in $1.1B cost savings drive
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