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Germany / Hochtief to cut 700 jobs

Hochtief plans to cut about 700 jobs because of weak orders at its construction and facility management business Hochtief Solutions in Germany, a weekly magazine reported.

The jobs will be cut at the company’s offices in Hamburg, Berlin, Munich and the Rhein-Main region surrounding Frankfurt in 2013, Wirtschafts Woche, citing company sources, said in a report on its website on Monday…

Choosen excerpts by Job Market Monitor from

via Hochtief to cut 700 jobs on weak orders – Economic Times.

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