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Siemens

World news about “Siemens” published by euronews.

06/02 11:49 CET

German engineering firm Siemens cuts thousands of jobs

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 said the move was to streamline administrative functions and overhead costs. About 3,000 positions will go in Germany, most of…