siemens to cut 15000 jobs worldwide by end 2014
Last Updated : GMT 14:50:40
Arab Today, arab today
Arab Today, arab today

Siemens to cut 15,000 jobs worldwide by end 2014

Arab Today, arab today

Arab Today, arab today Siemens to cut 15,000 jobs worldwide by end 2014

Arab Today

German engineering giant Siemens said Sunday it plans to slash 15,000 positions worldwide by late next year as part of a cost-cutting programme, including 5,000 in its home country. \"The ongoing and planned workforce adjustments in the context of Siemens 2014 are about 15,000 positions worldwide, of which about 5,000 are in Germany,\" the Munich-based company said in a statement.

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