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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.
1d
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 ...
ABP Live on MSN
3h
Siemens Layoffs: Tech Firm Likely To Fire 5,000 Employee Amid Ongoing Challenges
While no final decision has been made regarding the exact number of job cuts, Busch's comments suggest a clear need for ...
1d
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
1d
Siemens flags geopolitical risks ahead after profit falls
ZURICH, Nov 14 (Reuters) -
Siemens
(SIEGn.DE), opens new tab reported a drop in profit at its industrial business on ...
2d
Siemens Extends Contract of Management Board Member Rebellius
ZURICH (Reuters) - Siemens has extended the contract of managing board member Matthias Rebellius for one more year until ...
2d
on MSN
Siemens Energy Shares Soar on Raised Midterm Targets, Record Order Intake
Stock in Siemens Energy rose after the German energy company raised its midterm expectations and logged a new record for its ...
2d
Siemens Energy won't propose dividend for fiscal year 2024
Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of ...
2d
Siemens Energy surges after record Q4 order intake, raised medium-term targets
Siemens Energy surges on Q4 results including record orders and upgraded financial targets, despite challenges in wind ...
Wall Street Journal
1d
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, ...
1d
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.
1d
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 ...
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 ...
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