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Major Cost-Cutting Drive at Siemens AG
joe-kaeser.jpgSiemens AG has announced that the largest engineering company in Europe will cut 15,000 jobs under cost-cutting program. Siemens will cut 5000 jobs in Germany and over 10,000 all over the...
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Siemens Reduces 15,000 Jobs to Cope with GE, ABB
Joe-Kaeser-Siemens.jpgJoe Kaeser, Chief Executive Officer of Siemens AG (SIE)'s, is reducing the number of jobs after suffering from a great setback in their economic market.Siemens is the Europe's...
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