Siemens says to cut 2,500 jobs in industrial division
German engineering giant Siemens said it would slash 2,500 jobs from its industrial division in a reorganisation to cope with a slump in the oil and gas as well as the metals and mining sectors.
Wed Mar 09 2016
How VW's scandal threatens the reputation of 'German engineering'
A widening emissions scandal at Volkswagen has battered the reputation that the entire Germany auto industry guarded carefully for decades.
Fri Sep 25 2015
Siemens says to cut 4,500 jobs worldwide
German engineering giant Siemens said on Thursday that it would slash an additional 4,500 jobs worldwide, on top of 7,800 cuts announced in February as part of an ongoing restructuring plan.
Thu May 07 2015
Siemens to scrap 1,000 energy jobs
German engineering giant Siemens plans to cut 1,000 more domestic jobs at its energy division over the next few years.
Tue Jun 11 2013
Siemens reports quarterly profit fall, holds targets
German engineering giant Siemens said that earnings and orders fell in the first quarter, but it was hoping a shake-up of its businesses would nevertheless enable it to meet its full-year targets.
Wed Jan 23 2013