Siemens AG
Siemens cutting 17K jobs worldwide to cut costs
Industrial conglomerate Siemens AG said Tuesday it will cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and slice nearly $2 billion in costs in the face of a slowing economy.
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“Cool Logic - Burning Passion”
Joined: Feb 28, 2007
Comments: 2352
Bethlehem
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AOL
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Wait for the cascading effect...that is a lot of folks for one company to be letting go all in short order.
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Judge it!
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| Topic | Updated | Last By | Comments |
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| Siemens cutting 16,750 jobs worldwide | Jul '08 | Sucker State | 11 |
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