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.

Siemens SIE-3.35%decrease; red down pointing triangle said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.

and the company signaled last year that job cuts were on the horizon. CEO Roland Busch said in February that the unit was beginning to show signs of recovery. The charging business, which Siemens ...

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, 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 ...

Investing.com -- Siemens (ETR:SIEGn), the German multinational conglomerate, has announced plans to make job cuts in its automation and electric vehicle (EV) charging sectors worldwide. The decision ...

(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 ...

Siemens AG plans to reduce its global headcount by some 6,000 workers, with about half of the cuts coming in Germany ... unit will slash about 5,600 jobs by the end of fiscal 2027, 2,600 of ...

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 ...