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SIEMENS JOB CUTS
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-MayEurope's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclic...- India’s factories don’t have an AI problem, they have an execution problem: ReportIndia's manufacturing sector is embracing AI for growth. However, adoption faces hurdles in integration and data readiness. Companies are s...
- Siemens to cut 5,600 jobs in factory automation businessSiemens is cutting 5,600 jobs from its digital industries division due to weak demand in key markets like China and Germany. The decision c...
- Siemens Energy to cut 7,800 jobs in bid to raise margins"The energy market is significantly changing which offers us opportunities but at the same time (it) presents us with great challenges," Ch...
- Amid Covid gloom, there is a good news for employeesFour out of five companies of 500 surveyed by Aon in May said they are not instituting across-the-board pay cuts. And nearly 70% said they ...
- Siemens plans thousands of job cuts in Power & Gas: ReportThe Power and Gas business is struggling with a global shift away from using the large electricity generating turbines which Siemens specia...
- Siemens’ job-cut plan by end of 2014 may hit India arm tooSiemens AG has decided to cut 15,000 jobs by the end of 2014, triggering speculation about the possible downsizing of its India operations.
- German parent’s job cut plans to hit Siemens IndiaSiemens will cut 15,000 jobs globally; it has 19,000 employees in India.
- Nokia Siemens may lay off 2,000 employees in IndiaThe company, a JV between Finland’s Nokia Corporation and Siemens AG of Germany, had last week said that it intends to cut 17,000 jobs glob...
- Nokia ready for steepest job cuts in 20 years on Microsoft dealAlmost 6,000 Nokia jobs are under threat equivalent to 38% of the Finnish company's global devices R&D work-force.
- Siemens to axe 4,200 jobs from IT businessOf the total number of 4,200, around 2,000 jobs would be axed in Germany, the company said without providing details for the rest of the jo...
- Siemens to cut 4,200 jobs worldwide: CompanySiemens said on Thursday that it planned to cut around 4,200 jobs worldwide as the group restructures its IT operations.
- Siemens to cut 1,000 jobs, restructure IT unit: ReportThe German industrial group Siemens will cut at least 1,000 jobs as it restructures its SIS information services unit with an eye towards l...
- Nokia Siemens to cut thousands of jobs: CompanyFinnish-German telecom equipment maker Nokia Siemens said on Tuesday that it could reduce its 64,000-strong workforce by seven to nine perc...
- Nokia Siemens Networks to trim jobsThe 50:50 joint venture Nokia Siemens Networks said Tuesday it planned to cut some 1,250 jobs in Finland and Germany as part of cost-cuttin...
- Siemens to cut 4.2 percent of its global work force, blames slowing economy for decisionIndustrial conglomerate Siemens AG said Tuesday it would cut 16,750 jobs, or about 4.2 percent of its global work force _ mostly administra...
- Siemens likely to cut 17,200 jobs soonConglomerate Siemens, wracked by a wide-ranging corruption scandal, will cut up to 4% of its work force worldwide, or about 17,200 jobs, tw...
- Siemens to slash work force, cut 17,200 jobs globallyConglomerate Siemens AG, wracked by a wide-ranging corruption scandal, will cut up to 4 percent of its work force worldwide, or about 17,20...
- Siemens chief plans thousands of job cutsThe new head of German conglomerate Siemens plans thousands of job cuts as well as a drive to link the pay of top management closer to perf...
- Nokia Siemens Networks to cut 9,000 jobs by 2010Nokia Siemens Networks, the Finnish-German telecom networks manufacturer, said on Friday it would cut 9,000 jobs by the end of 2010, or 15 ...
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