Siemens plans to cut about two percent of its global workforce.
The German industrial group said 6,900 jobs will go before 2020 at its Power and
Trades unions warn merger of Alstom & Siemens' train businesses is loco & will cost jobs in France & Germany.
Sanctions barring EU firms from providing Crimea with energy technology were said to have been ignored by Russia.
German firm Siemens has confirmed it is to cut 7,800 jobs worldwide. The statement from Europe’s biggest engineering company, announcing the losses
Two major European firms are among 18 being probed in Brazil over allegations of corruption and price-fixing, it’s emerged.
As European stock markets were falling, Siemens’ revamped programme seduced investors.
The share price of the German engineering giant, Frankfurt’s