Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and abroad.

Siemens SIE-3.35%decrease; red down pointing triangle said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.

and the company signaled last year that job cuts were on the horizon. CEO Roland Busch said in February that the unit was beginning to show signs of recovery. The charging business, which Siemens ...

The sign "Entrance G" is seen at an entrance to the Siemens headquarters. Siemens plans to cut around 6,000 jobs worldwide, including 2,850 in Germany, with the automation business being ...

[FRANKFURT] German industrial giant Siemens said Tuesday (Mar 18) it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market. The ...

Siemens also on Tuesday said it was cutting 450 jobs at its electric vehicle charging business, a third of the total workforce. Managing board member Cedrik Neike defended the job cuts, saying ...

(Bloomberg) -- Siemens AG plans to reduce its global headcount by some 6,000 workers, with about half of the cuts coming in Germany, as the company seeks savings at its factory automation business ...

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ZURICH (Reuters) -Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and ...

Siemens AG plans to reduce its global headcount by some 6,000 workers, with about half of the cuts coming in Germany ... unit will slash about 5,600 jobs by the end of fiscal 2027, 2,600 of ...

ZURICH (Reuters) -Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and ...