Labor & Economic News Blog


Tuesday, February 26, 2008

Siemens to cut 3,800 jobs, shift 3,000

Siemens to cut 3,800 jobs, shift 3,000
AP - Munich, Germany - Siemens AG said Tuesday it will reorganize its corporate telecom unit, eliminating 3,800 jobs while another 3,000 will be transferred to partners or other units — its biggest cuts in years.

 



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