Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and abroad.

(Bloomberg) -- Siemens AG plans to reduce its global headcount by some 6,000 workers, with about half of the cuts coming in Germany, as the company seeks savings at its factory automation business ...

0904 ET - Volatility surrounding trade wars, the health of the U.S. consumer, and geopolitical strife is pushing gold prices further past the $3,000/oz mark, with some analysts calling for gold ...

German multinational technology company Siemens has revealed plans to cut its global workforce as it deals with increased competition and lower demand in key markets. The 5,600 job cuts will ...

ZURICH: Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and abroad.

FRANKFURT-German industrial giant Siemens said on March 18 that it planned to cut more than 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market.

[SINGAPORE] The impact of Siemens’ global job cuts on its Singapore workforce cannot be determined yet, as the German industrial giant is still deciding how the layoffs will be made across different ...

FRANKFURT, Germany — German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China, and in its home market. The ...

The automation business, which employs about 68 000 people, has been hit by muted demand in China, and Siemens signaled last year that job cuts were on the horizon. Chief Executive Officer Roland ...

Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said today, in the latest blow for German industry shaken by weak demand at home and abroad. The job cuts ...