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Siemens / To cut 1,700 jobs

Siemens is expected to cut around 1,700 jobs in the restructuring of its energy business, a German magazine reported on Saturday, citing an unnamed senior manager.

WirtschaftsWoche said the unit’s main production facilities in Erlangen and Offenbach and a plant in Muelheim an der Ruhr would be affected by the cost-cutting drive.

Chosen excerpts by Job Market Monitor

financial times

Source: Siemens to cut 1,700 jobs in energy operations: Report – Economic Times.

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  1. Pingback: Siemens – To cut 11,600 jobs | Job Market Monitor - May 30, 2014

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