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Siemens to slash 4500 jobs

More jobs are to go at Siemens after the German industrial giant posted a larger-than-expected drop in quarterly profits. Siemens says its digital

More jobs are to go at Siemens after the German industrial giant posted a larger-than-expected drop in quarterly profits. Siemens says its digital

News

German engineering firm Siemens cuts thousands of jobs

German firm Siemens has confirmed it is to cut 7,800 jobs worldwide. The statement from Europe’s biggest engineering company, announcing the losses

German firm Siemens has confirmed it is to cut 7,800 jobs worldwide. The statement from Europe’s biggest engineering company, announcing the losses

Business

Philips splits saying it is time to 'reinvent' itself

Philips is splitting in two. The Dutch conglomerate is to put its lighting business into a separate company It is the latest step in Philips’ plans

Philips is splitting in two. The Dutch conglomerate is to put its lighting business into a separate company It is the latest step in Philips’ plans

Business

Siemens buys into big US shale gas player

One of the big names in American oilfield technology, Dresser-Rand, has been bought by Germany’s Siemens for nearly six billion euros in cash. The

One of the big names in American oilfield technology, Dresser-Rand, has been bought by Germany’s Siemens for nearly six billion euros in cash. The

Business

Siemens and Mitsubishi present offer to Alstom

German engineering company Siemens and Japan’s Mitsubishi have presented a joint offer to France’s Alstom that includes seven billion euros in

German engineering company Siemens and Japan’s Mitsubishi have presented a joint offer to France’s Alstom that includes seven billion euros in

Business

Hitachi wants in on possible Mitsubishi-Siemens bid for Alstom

Hitachi has become the second Japanese engineering firm – along with Mitsubishi Heavy Industries – to express an interest in joining Germany’s

Hitachi has become the second Japanese engineering firm – along with Mitsubishi Heavy Industries – to express an interest in joining Germany’s

Business

Siemens set to cut as many as 11,600 positions

German conglomerate Siemens has revealed it is looking at getting rid of up to 11,600 positions in its restructuring plan. Chief executive Joe

German conglomerate Siemens has revealed it is looking at getting rid of up to 11,600 positions in its restructuring plan. Chief executive Joe