[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 - 10/11/12 02:03 AM

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.