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German printing giant Heidelberg plans to lay off up to 2000 people worldwide

German printing giant Heidelberg Printing Machinery Co., Ltd. announced on January 17 that due to the decline in printing machine demand caused by economic uncertainty, it plans to lay off up to 2000 people worldwide, equivalent to about 13% of its total staff, in order to cut costs. According to media reports, the company said that the layoffs would affect its 1200 employees in Germany

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