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Siemens

World news about “Siemens” published by euronews.

06/02 17:30 CET

Siemens chases profitability by streamlining through 7,800 job cuts

Siemens chases profitability by streamlining through 7,800 job cuts

Siemens - the German engineering firm that makes everything from trains to turbines - says it is cutting 7,800 jobs to streamline management and speed up decision-making, looking for one billion euros in savings by the end of next year. The layoffs were expected as part of an…