Electrolux to cut costs as inflation hits demand By Reuters


© Reuters. FILE PHOTO: The Electrolux logo is seen during the IFA Electronics show in Berlin, Germany September 4, 2014. REUTERS/Hannibal Hanschke/File Photo

COPENHAGEN (Reuters) – Sweden’s Electrolux plans to start a cost-cutting programme in response to softer than expected demand and weak earnings against a backdrop of high inflation, it said on Monday.

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