Siemens to cut 4500 jobs worldwide

GMT 06:01 2015 Thursday ,07 May

Arab Today, arab today Siemens to cut 4500 jobs worldwide

Berlin - Arab Today

German engineering giant Siemens said on Thursday that it would slash an additional 4,500 jobs worldwide, on top of 7,800 cuts announced in February as part of an ongoing restructuring plan.

Some 2,200 of the latest job cuts will be in Germany, said the Munich-based firm that employs more than 300,000 people in all.

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