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November 15, 1993

LINOTYPE PLANNING TO CUT COSTS

By CBR Staff Writer

Eschborn, Germany-based printing equipment group Linotype AG said it wanted to cut costs by some $95m between now and the end of 1994 or early 1995; Linotype said back in September that it planned to cut 550 jobs at its Eschborn operations after reporting a loss of some $36m for the first six months of 1993.

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