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News 2026-09-28 05:01 UTC

Weekly Recap: €800M German labor cuts and 2,081,805-share buyback

Mercedes-Benz Group AG (XETR:MBG) is trimming costs—targeting about €800M via longer hours, fewer bonuses, job cuts and possible plant closures—while boosting value through buybacks, higher-priced India sales, BlackRock stake disclosure and a Wayve AI driving partnership.Previous Week RecapThis is…