DaimlerChrysler to cut 8,500 Mercedes jobs


FRANKFURT, Sept 28 (Reuters) - DaimlerChrysler offered staff at its premium Mercedes Car Group division voluntary redundancy packages that aim to cut 8,500 jobs in Germany over 12 months, the world's fifth-biggest carmaker said on Wednesday. It said the move would cost 950 million euros ($1.14 billion), to be offset by extraordinary income and efficiency gains. It reiterated its forecast for a slight rise in 2005 operating profit excluding charges to restructure its Smart minicar business. ...

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