Job Cuts Loom as Daimler’s Mytaxi Merges With London’s Hailo

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  • CEO Pinnington expects expansion of operations at Hamburg base
  • Job cuts across tech, human resources, finance departments

The merger of U.K. taxi-hailing app Hailo with Daimler AG’s Mytaxi will cut as many as 50 jobs at Hailo headquarters in London, Chief Executive Officer Andrew Pinnington said in an interview Wednesday.

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