In a statement, Siemens announced that it will reduce 5,600 jobs under Digital Industries, including 2,600 jobs in Germany. The layoffs are equivalent to eight per cent of Siemens' 68,000 employees ...

Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday. "Sometimes we have to do some re-engineering because the ...

Siemens to Cut More Than 6,000 Jobs in -2- Provided by Dow Jones Mar 18, 2025, 4:43:00 PM. 0904 ET - Volatility surrounding trade wars, the health of the U.S. consumer, and geopolitical strife ...

German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its ...

ZURICH (Reuters) -Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and ...

SINGAPORE] In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and shifting strategies force companies to trim their ...

ZURICH: Siemens has recruited Amazon executive Vasi Philomin to its new position of head of data and artificial intelligence, the German technology company said on Monday. The move is the latest step ...

Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday. "Sometimes we have to do some re-engineering because the ...