[Reuters] Siemens CEO to cut jobs, close offices as profits shrink

Posted by: UGN Security

[Reuters] Siemens CEO to cut jobs, close offices as profits shrink - 10/10/12 11:03 PM

FRANKFURT (Reuters) - Germany's Siemens may outline job cuts and office closures on Thursday to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis.