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Germany: Metro to slash 900 jobs by 2015

German retailer Metro AG said Tuesday it aims to cut 900 jobs by 2015 as part of its savings program.

The job cuts will take place in the property, information technology and logistics divisions, according to a spokesman. The group employs around 280,000 staff.

Metro is on track to reach its 100 million euro ($122 million) cost-reduction target, the company spokesman said.

Source: www.faxbusinessnews.com


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