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Siemens to Cut up to 5,000 Jobs in Automation Business
Siemens to Cut up to 5,000 Jobs in Automation Business After Downturn
ZURICH (Reuters) - Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday.
Siemens to cut up to 5000 jobs: "Sometimes we have to do some re-engineering," says CEO
Siemens, facing a 46% profit drop in its digital industries division, plans to cut up to 5,000 jobs. CEO Roland Busch cited the need for restructuring amid unexpected negative developments. Despite this,
Siemens layoffs: Tech giant may cut up to 5,000 jobs amid ongoing struggles
German tech conglomerate Siemens may cut up to 5,000 jobs globally in its factory automation sector owing to ongoing struggles, reported news agency Reuters. CEO Roland Busch announced the potential cuts on Thursday.
Siemens Energy raises mid-term outlook
Siemens Energy Lifts Midterm Targets on Power Demand Boom
Siemens
Energy raised its midterm targets as the German energy company bets on a boom in global power demand amid rising electrification, industrial decarbonization and artificial-intelligence applications. The utility-sector supplier also logged a new ...
Siemens Energy Achieves Annual Goals, Sets New Targets
Siemens Energy AG Unsponsored ADR ( (SMNEY) ) has released its Q4 earnings. Here is a breakdown of the information Siemens Energy AG
Siemens Energy Boosts Midterm Targets
Siemens Energy AG’s shares surged the most on record after the company lifted its midterm targets, citing growing demand for its grid technologies that offset losses at its beleaguered wind-turbine division.
22h
on MSN
Siemens flags tough times ahead after Q4 profit beat
Siemens flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting ...
Bloomberg L.P.
1d
Siemens Sees Data Center Boom Helping Offset Automation Slump
Siemens
AG expects solid revenue growth next year as strong demand for its electrification infrastructure products offsets ...
18h
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it ...
19h
on MSN
Siemens stock surges after Q4 profit beat, flags rising global risks
By John Revill ZURICH (Reuters) -Siemens stock surged on Thursday after the engineering company posted better than expected ...
17h
Siemens Posts Record Profits But Warns On Trade Tensions
German industrial giant Siemens on Thursday posted a record net profit in the last fiscal year, but warned that global tariff conflicts could weigh on business in the coming 12 months.
Yahoo
1d
Siemens flags political risks ahead after profit falls in fourth quarter
A sign with the logo of
Siemens
company is on display outside its office in Moscow ZURICH (Reuters) -
Siemens
reported a ...
Reuters on MSN
23h
Siemens flags geopolitical risks ahead after profit falls
ZURICH, Nov 14 (Reuters) -
Siemens
(SIEGn.DE), opens new tab reported a drop in profit at its industrial business on ...
Impacts
17h
Siemens Reports Strong Q4 FY 2024 Results Surpass Market Expectations
Siemens reported strong Q4 FY 2024 results, surpassing market expectations. Takeaway Points Siemens reports strong Q4 FY 2024 ...
16h
Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday ...
2d
Siemens Energy raises mid-term outlook as turnaround gathers pace
Siemens Energy on Tuesday said its operating profit narrowed in the fourth quarter, mainly boosted by an improved performance ...
13h
on MSN
European Stocks Rise on Bullish Outlooks from ASML, Siemens
European stocks rebounded as bullish outlooks by both Siemens AG and ASML Holding NV helped the market recoup some of the ...
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