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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
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.
3d
on MSN
Siemens shares power to record high after Q4 profit topper; flags likely job cuts
Siemens (OTCPK:SIEGY) +5.6% in Frankfurt trading Thursday to a record high after reporting better than expected Q4 results ...
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 ...
Reuters on MSN
3d
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
1d
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 ...
3d
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.
4d
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 ...
3d
India Needs Data Centers to Be Key AI Player, Siemens CTO Says
India, known for its huge technology talent pool, needs to boost its data center infrastructure for it to become an ...
Impacts
3d
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 ...
Wall Street Journal on MSN
4d
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 ...
Ad Age
6d
How Siemens Healthineers transformed scary MRI sounds into silly stories for young patients
Are you a print subscriber? Activate your account. By Mikey Garcia - 41 min 54 sec ago By Adrianne Pasquarelli - 1 hour 4 min ...
3d
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 ...
4d
Siemens Posts Higher-Than-Expected Profit Increase
The industrial conglomerate reported a higher net profit for the fourth quarter of its fiscal year, beating market views, ...
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