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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.
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Ola And Siemens Collaborate To Develop India's Most Advanced EV Manufacturing Plant In Tamil Nadu
The manufacturing hub in the southern state will be the world's largest scooter manufacturing facility, which will initially have an annual capacity of 2 million units and will generate 10,000 jobs in the region.
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Siemens To Cut 1,700 German Jobs In Efficiency Drive
Half of the 2,700 current jobs affected by the overhaul will be at Siemens's enterprise IT unit.
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Siemens to Invest Over Rs 7,400 Cr, Add 4,000 Jobs in India: CEO
Siemens is a global powerhouse focusing on the areas of electrification, automation and digitalisation.
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Siemens Says to Cut 4,500 Jobs Worldwide
Some 2,200 of the latest job cuts will be in Germany, said the Munich-based firm that employs more than 300,000 people in all.
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Siemens Says Will Cut 7,800 Jobs, Including 3,300 in Germany
"The savings achieved will be invested in innovation, productivity and growth initiatives, a considerable part of which will be in Germany."
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Siemens to Slash 7,400 Jobs Globally: Report
German engineering giant Siemens is planning to cut around 7,400 jobs - perhaps 3,300 in Germany - as part of an ongoing mass restructuring plan, Bloomberg reported on Thursday.
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Bharti Airtel, HDFC, Sesa Sterlite in Focus Today
The Nifty opened higher on Friday tracking gains in US markets, where the Dow Jones crossed 17,000 for the first time on positive job report. Foreign investors continued their buying momentum on Thursday by putting in Rs 951 crore (net) in to Indian equities. Domestic investors sold shares worth Rs 624 crore (net).
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Germany's Siemens Says to Axe About 11,600 Jobs
Some 7,600 positions will be axed as part of a company overhaul announced by Kaeser on May 7 in which 16 divisions will be consolidated into nine and certain levels of hierarchy will be eliminated, the spokesman said.
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France meets Alstom bidders with pledge to protect jobs
President Francois Hollande held talks with GE boss Jeff Immelt on Monday morning and was due to sit down later in the afternoon with Siemens CEO Joe Kaeser to discuss the fate of Alstom, the maker of the country's prestigious TGV high-speed trains and turbines for power plants.
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Siemens to cut 15,000 jobs worldwide by end 2014
The company aimed for many voluntary redundancies and to redeploy some staff within the vast conglomerate, which makes products from gas turbines to rail equipment to health care goods.
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From hackers to security experts, the Balkan IT sector is booming
After hacking the Pentagon, NASA and Britain's Royal Navy for fun, TinKode got a real job as a computer security expert for a Romanian cyber safety consultancy.
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Siemens to cut over 3,000 jobs in industrial division
German engineering giant Siemens said today it is planning to cut over 3,000 jobs in its industrial division as part of a vast plan to save six billion euros (USD 8 bn) as it faces falling profits.
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Nokia Siemens to lay off 17,000 worldwide
Nokia Siemens Networks will slash almost one-quarter of its work force - in a move to cut annual costs
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Nokia Siemens, German unions agree on 1,600 job cuts
Nokia Siemens will cut 1,600 jobs in Munich, part of the company's restructuring programme, including 17,000 job losses globally.
-
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.
-
Ola And Siemens Collaborate To Develop India's Most Advanced EV Manufacturing Plant In Tamil Nadu
The manufacturing hub in the southern state will be the world's largest scooter manufacturing facility, which will initially have an annual capacity of 2 million units and will generate 10,000 jobs in the region.
-
Siemens To Cut 1,700 German Jobs In Efficiency Drive
Half of the 2,700 current jobs affected by the overhaul will be at Siemens's enterprise IT unit.
-
Siemens to Invest Over Rs 7,400 Cr, Add 4,000 Jobs in India: CEO
Siemens is a global powerhouse focusing on the areas of electrification, automation and digitalisation.
-
Siemens Says to Cut 4,500 Jobs Worldwide
Some 2,200 of the latest job cuts will be in Germany, said the Munich-based firm that employs more than 300,000 people in all.
-
Siemens Says Will Cut 7,800 Jobs, Including 3,300 in Germany
"The savings achieved will be invested in innovation, productivity and growth initiatives, a considerable part of which will be in Germany."
-
Siemens to Slash 7,400 Jobs Globally: Report
German engineering giant Siemens is planning to cut around 7,400 jobs - perhaps 3,300 in Germany - as part of an ongoing mass restructuring plan, Bloomberg reported on Thursday.
-
Bharti Airtel, HDFC, Sesa Sterlite in Focus Today
The Nifty opened higher on Friday tracking gains in US markets, where the Dow Jones crossed 17,000 for the first time on positive job report. Foreign investors continued their buying momentum on Thursday by putting in Rs 951 crore (net) in to Indian equities. Domestic investors sold shares worth Rs 624 crore (net).
-
Germany's Siemens Says to Axe About 11,600 Jobs
Some 7,600 positions will be axed as part of a company overhaul announced by Kaeser on May 7 in which 16 divisions will be consolidated into nine and certain levels of hierarchy will be eliminated, the spokesman said.
-
France meets Alstom bidders with pledge to protect jobs
President Francois Hollande held talks with GE boss Jeff Immelt on Monday morning and was due to sit down later in the afternoon with Siemens CEO Joe Kaeser to discuss the fate of Alstom, the maker of the country's prestigious TGV high-speed trains and turbines for power plants.
-
Siemens to cut 15,000 jobs worldwide by end 2014
The company aimed for many voluntary redundancies and to redeploy some staff within the vast conglomerate, which makes products from gas turbines to rail equipment to health care goods.
-
From hackers to security experts, the Balkan IT sector is booming
After hacking the Pentagon, NASA and Britain's Royal Navy for fun, TinKode got a real job as a computer security expert for a Romanian cyber safety consultancy.
-
Siemens to cut over 3,000 jobs in industrial division
German engineering giant Siemens said today it is planning to cut over 3,000 jobs in its industrial division as part of a vast plan to save six billion euros (USD 8 bn) as it faces falling profits.
-
Nokia Siemens to lay off 17,000 worldwide
Nokia Siemens Networks will slash almost one-quarter of its work force - in a move to cut annual costs
-
Nokia Siemens, German unions agree on 1,600 job cuts
Nokia Siemens will cut 1,600 jobs in Munich, part of the company's restructuring programme, including 17,000 job losses globally.
