GERMAN technology conglomerate Siemens has announced it is cutting more than 6,000 jobs from its global workforce by 2027.

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as the company seeks savings at its factory automation business that’s suffering from weak demand. The digital industries unit will slash about 5,600 jobs by the end of fiscal 2027, 2,600 of ...

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Siemens (SIEGY) has “presented plans to further increase its global competitiveness to employee representatives,” the company announced. “The ...

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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 German industrial conglomerate said the measures will affect around 5,600 jobs worldwide in the automation segment and ...

The digital industries unit, which focuses on industrial automation and digitalization, employs ~68K people worldwide. Siemens (OTCPK:SIEGY) also said it will cut 450 jobs at its electric vehicle ...