UPDATE 1-DaimlerChrysler to cut 8,500 Mercedes jobs

Newswire

(Adds details, background) FRANKFURT, Sept 28 (Reuters) - DaimlerChrysler on Wednesday 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 the move would cost 950 million euros ($1.1 billion), which would be offset by extraordinary income and efficiency gains. It reiterated its forecast for a slight rise in 2005 operating profit excluding charges to ...

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