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Siemens to cut up to 5,000 jobs in automation business after downturn
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
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
Trump's proposed tariffs will lead to higher global inflation, Siemens CEO says
Roland Busch, CEO of Siemens, says President-elect Donald Trump's proposed tariffs are set to push up inflation and lead to ...
23h
Siemens Plans To Fire 5000 Employees From Factory Automation Division
Siemens, the German tech giant, is reportedly planning to cut up to 5,000 jobs globally in its factory automation sector, ...
ABP Live on MSN
1d
Siemens Layoffs: Tech Firm Likely To Fire 5,000 Employee Amid Ongoing Challenges
German tech giant Siemens is considering cutting up to 5,000 jobs globally in its factory automation sector due to ongoing ...
Reuters on MSN
2d
Siemens stock surges after Q4 profit beat, flags rising global risks
"During the year, the world experienced ongoing geopolitical and macroeconomic uncertainties," Chief Executive
Roland
...
2d
on MSN
Siemens shares power to record high after Q4 profit topper; flags likely job cuts
Siemens stock jumps to record high on strong Q4 results with higher profit, revenue, and dividend increase, despite potential ...
2d
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 ...
15d
on MSN
Siemens' $10.6 Billion Altair Deal Strengthens Its Industrial Software Offering
(Reuters) -Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position ...
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 ...
1d
on MSN
Siemens To Layoff Workforce; Over 5,000 Employees To Get Pink Slips Amid Profit Decline
Siemens may lay off up to 5,000 employees in its global factory automation business due to underperformance, CEO Roland Busch ...
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