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Siemens to cut up to 5,000 jobs in automation business
Siemens to Cut up to 5,000 Jobs in Automation Business After Downturn
ZURICH (Reuters) - Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday.
Siemens to cut up to 5000 jobs: "Sometimes we have to do some re-engineering," says CEO
Siemens, facing a 46% profit drop in its digital industries division, plans to cut up to 5,000 jobs. CEO Roland Busch cited the need for restructuring amid unexpected negative developments. Despite this,
Siemens layoffs: Tech giant may cut up to 5,000 jobs amid ongoing struggles
German tech conglomerate Siemens may cut up to 5,000 jobs globally in its factory automation sector owing to ongoing struggles, reported news agency Reuters. CEO Roland Busch announced the potential cuts on Thursday.
2d
on MSN
Siemens flags tough times ahead after Q4 profit beat
Siemens flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting ...
2d
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it ...
2d
Siemens Flags Geopolitical Risks Ahead After Profit Falls
ZURICH (Reuters) -Siemens reported a drop in profit at its industrial business on Thursday and lowered its sales target for ...
Reuters on MSN
2d
Siemens stock surges after Q4 profit beat, flags rising global risks
ZURICH, Nov 14 (Reuters) -
Siemens
(SIEGn.DE), opens new tab stock surged on Thursday after the engineering company posted ...
1d
on MSN
European Stocks Rise on Bullish Outlooks from ASML, Siemens
European stocks rose on Thursday, as bullish outlooks by both Siemens AG and ASML NV helped the market recoup some of the ...
2d
Siemens Energy surges after record Q4 order intake, raised medium-term targets
Siemens Energy surges on Q4 results including record orders and upgraded financial targets, despite challenges in wind ...
2d
Siemens Energy, RWE warn of Trump fallout in US offshore wind sector
Two of the world's biggest renewables players on Wednesday warned of challenges for the U.S. offshore wind sector under a ...
Wall Street Journal on MSN
3d
Siemens Energy Lifts Midterm Targets on Power Demand Boom
Siemens
Energy raised its midterm targets as the German energy company bets on a boom in global power demand amid rising ...
2d
Siemens Posts Record Profits But Warns On Trade Tensions
German industrial giant Siemens on Thursday posted a record net profit in the last fiscal year, but warned that global tariff conflicts could weigh on business in the coming 12 months.
1d
Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday ...
Impacts
2d
Siemens Reports Strong Q4 FY 2024 Results Surpass Market Expectations
Siemens reported strong Q4 FY 2024 results, surpassing market expectations. Takeaway Points Siemens reports strong Q4 FY 2024 ...
3d
Siemens Energy won't propose dividend for fiscal year 2024
Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of ...
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