International Companies

Siemens announces 6,000 job cuts, cites 'muted demand'

By Benjamin Chiou

Date: Tuesday 18 Mar 2025

(Sharecast News) - Siemens announced on Tuesday that it is to shed more than 6,000 workers from its automation and EV-charging units due to what it called "capacity adjustments".
The German industrial conglomerate outlined plans to "further increase its global competitiveness" as it announced a shake-up of its automation business within...

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