Beiersdorf to Cut Swiss Jobs, Handelszeitung Says

(Corrects spelling of company’s name in headline.)

Beiersdorf AG will cut jobs in Switzerland and shed the top management level in the country as it plans to run operations from its headquarters in Hamburg, Handelszeitung said, citing people familiar with the matter.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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