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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.
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 ...
Mexico News Daily
2h
Siemens shows how industry can help solve Mexico’s water and energy challenges: A perspective from our CEO
Siemens Mexico's work to tackle water and energy issues shows how industry can be part of the solution, writes MND CEO Travis ...
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
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 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 ...
2d
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 ...
3d
Siemens Energy raises mid-term outlook as turnaround gathers pace
Siemens Energy on Tuesday said its operating profit narrowed in the fourth quarter, mainly boosted by an improved performance ...
Yahoo
2d
Siemens flags political risks ahead after profit falls in fourth quarter
A sign with the logo of
Siemens
company is on display outside its office in Moscow ZURICH (Reuters) -
Siemens
reported a ...
Wall Street Journal
2d
Siemens Posts Higher-Than-Expected Profit Increase
Siemens
SIE0.82%increase; green up pointing triangle posted higher net profit for the fourth quarter of its fiscal year, ...
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.
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, 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 ...
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