Cost-Cutting

Vodafone cuts 2,300 jobs in Germany, slashing workforce by some 20%

Telecommunications group Vodafone is implementing a far-reaching cost-cutting and restructuring programme in Germany, with over 2,000 jobs set to go. Marcel de Groot, head of Vodafone Germany, told staff on [..]

German carmaker Mercedes-Benz agrees cost-cutting package with staff

German luxury carmaker Mercedes-Benz has agreed a comprehensive package of cost-cutting measures with employees. German luxury carmaker Mercedes-Benz has agreed a comprehensive package of cost-cutting measures with employees. Management and [..]

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