INTERVIEW-UPDATE 1-Ricardo cuts jobs in Germany; sees FY growth

Newswire

* Sees losing some UK contract jobs * To continue to add jobs in other businesses * Says diversification helped drive H1 profits higher * Shares fall 7 pct (Recasts, adds details, CEO clarification on UK job cuts) By Tresa Sherin Morera BANGALORE, Feb 27 (Reuters) - Ricardo Plc expects to cut 20 jobs at its German manufacturing segment and shed some contract jobs at its UK engineering division amid order cutbacks and a weakening market, its chief executive said. However, the ...

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