Tuesday 18 December 2018
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Channel News Asia - 3 month ago

Siemens to slash 2,900 German jobs in 500 mln euro cost drive

German engineering giant Siemens on Monday said it would cut around 2,900 jobs in Germany as part of a restructuring plan to achieve 500 million euros (US$589.60 million) in cost savings, about half of which in Germany.

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