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April 7, 1987

TRIUMPH-ADLER TO LOSE 20 OF WORKFORCE

By CBR Staff Writer

Carlo de Benedetti has completed his review of Olivetti’s Triumph-Adler acquisition from Volkswagen, and come to the conclusion that with 9,000 employees, the Nuremburg company is 20% overmanned: lay-offs and attrition will reduce the workforce by that proportion this year.

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