Siemens to cut 8000 jobs

SIEMENS HAS iden­ti­fied about 8,000 poten­tial job cuts glob­al­ly, a num­ber that may reach 10,000 by year-end as chief exec­u­tive Peter Loesch­er seeks to boost effi­cien­cy, a per­son famil­iar with the plan said. The reduc­tions are the result of a glob­al…

http://www.irishtimes.com/newspaper/finance/2012/1012/1224325187279.html