Corporate management becomes leaner

  • Date
    24 January 2006
  • Description

    DaimlerChrysler AG unveils its "New Management Model", designed to make business organisation faster, more flexible, leaner and more efficient through increasing integeration. Together with other ongoing efficiency enhancement programmes, it should cut administrative costs by € 1.5 billion annually and reduce administrative staff by up to 20 % over the next three years.

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