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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.
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 ...
ABP Live on MSN
1d
Siemens Layoffs: Tech Firm Likely To Fire 5,000 Employees 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 ...
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
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 ...
4d
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 ...
3d
on MSN
Siemens shares power to record high after Q4 profit topper; flags likely job cuts
Siemens stock jumps to record high on strong Q4 results with higher profit, revenue, and dividend increase, despite potential ...
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.
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 ...
3d
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, ...
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 ...
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