Siemens plans to cut 16,750 jobs
- added July 8, 2008
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- merasyad
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Siemens plans to cut 16,750 jobs worldwide as the German conglomerate streamlines its operations to weather the economic downturn.
The company employs around 400,000 staff worldwide. The cuts amount to about 4% of the workforce.
The firm plans to eliminate 5,250 jobs in Germany, where around 136,000 of its workforce is located.
The company employs around 400,000 staff worldwide. The cuts amount to about 4% of the workforce.
The firm plans to eliminate 5,250 jobs in Germany, where around 136,000 of its workforce is located.
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