[Reuters] Siemens cuts 15,000 jobs in six billion euro savings drive

Posted by: UGN Security

[Reuters] Siemens cuts 15,000 jobs in six billion euro savings drive - 09/29/13 08:02 AM

MUNICH, Germany (Reuters) - Siemens is to shed 15,000 jobs over the next year, a third of them in Germany, as part of a 6 billion euro ($8.1 billion) cost cutting program, a spokesman said on Sunday.