YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Daimler aims to cut $1B in costs

Posted online

German carmaker Daimler plans to seek cost savings of roughly $1 billion.

A large portion of the savings would come from reducing staff costs at its Mercedes-Benz business by the end of 2022.

Management positions, for example, will be cut by roughly 10%.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Lucid TLC Arts

Artist Tiffany Collins moved her Nixa art gallery, Lucid TLC Arts LLC, to a new location; a crystal jewelry maker who started on Etsy expanded with a storefront; and Fleur Floral Studio LLC transitioned to a home-based venture.

Most Read
SBJ.net Poll
Update cookies preferences