Home
All|
Business |
Technology |
Environment |
Health & Fitness |
Lifestyle |
Entertainment |
Travel |
Politics & Society |
Sports |
RSS
Industrial conglomerate Siemens AG said Tuesday it would cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and cut nearly $2 billion in costs in the face of a slowing economy.
Related Stories
Most Recent
Most Popular
Most Commented
1
Stars 
(0)
AP, Fairfield
General Electric Co. has announced a reorganization, saying the move will simplify the conglomerate and spur growth and efficiency.
made popular 33 min ago
AP, Washington
After weeks of one negative report after another, the economy finally got some news Friday that wasn’t half bad.
made popular 33 min ago
AP,
THE LATEST: A jump in military spending helped boost new orders for big-ticket durable goods by a surprisingly strong 0.8 percent in June while new home sales dropped...
made popular 1 hr. ago
AP, New York
Precious metals rose Friday as a fresh drop in the dollar and speculation that crude oil’s plunge may soon end fed safe-haven buying of gold, silver and copper.
made popular 1 hr. ago
AP, Los Angeles
The maker of Bratz dolls said Friday he will seek a mistrial over an ethnic slur made by a juror who has been dismissed from the copyright infringement case brought by...
made popular 1 hr. ago
AP, Detroit
Chrysler LLC said Friday its financial arm will get out of the auto leasing business by the end of the month because economic conditions have made leasing more...
made popular 1 hr. ago
AP, New York
Whether or not any bubble has burst, Americans now live in an economy where the prospect of a gallon of gas for less than $4 is cause for relief.
made popular 2 hr. ago
Stop right there. Put your money away. A lot of people are after your cash, and you, quite understand_ably, would like to hold on to as much of it as you can. It...
made popular 2 hr. ago
AP, Sacramento
California is joining the health crusade against artery-clogging trans fats.
made popular 2 hr. ago
AP,
Sick of filling up the tank for sixty bucks? Considering a place near work downtown and tossing the car keys? Prepare to pay higher rents as more like-minded apartment...
made popular 2 hr. ago
AP, New York
Wall Street has closed out the week with a moderate gain after better than expected economic data placated a market pummeled a day earlier by concerns about housing and...
made popular 2 hr. ago
AP, New York
Stocks turned mixed Friday after better than expected economic data lifted some sectors but didn’t alleviate Wall Street’s concerns about the financial...
made popular 3 hr. ago
AP, Rome
Italian prosecutors have ended their investigation of four Google Inc. executives over a video uploaded onto Google’s Italian site that showed a disabled youth...
made popular 3 hr. ago
AP, St. Louis
Arch Coal Inc. said Friday its second-quarter profit tripled on soaring global prices and the company boosted its outlook after beating Wall Street expectations...
made popular 3 hr. ago
AP, Detroit
Chrysler LLC has told dealers that the automaker’s financial arm plans to get out of the auto leasing business before the end of the year.
made popular 4 hr. ago
AP, New York
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
made popular 4 hr. ago
AP, New York
AOL is shutting three data-storage services, including one of the Internet’s earliest photo-sharing sites, as it seeks to cut costs and focus resources on its...
made popular 4 hr. ago
AP, New York
Treasury prices retreated Friday after several upbeat reports that indicated the economy might be doing better than expected, leading investors to shift money out of...
made popular 4 hr. ago
AP, Chicago
Consumer spending is down and gas prices are up. That’s bad math for the scores of destination retailers across the country that want customers to fill up the...
made popular 4 hr. ago
AP, New York
Nokia Corp., Motorola Inc. and other handset makers rose along with the broader market Friday following Samsung Electronics’ report that its mobile phone sales...
made popular 5 hr. ago
All Stories
Most Recent
Most Popular
Most Commented
AP, Frankfurt
Industrial conglomerate Siemens AG said Tuesday it would cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and cut nearly $2 billion in...
made popular Jul 8 2008
AP, Frankfurt
Industrial conglomerate Siemens AG says it is cutting 16,750 jobs worldwide because of the slowing economy. The cuts amount to 4.2 percent of its global work force.
made popular Jul 8 2008
AP, Frankfurt
Conglomerate Siemens AG, wracked by a wide-ranging corruption scandal, will cut up to 4 percent of its work force worldwide, or about 17,200 jobs, a pair of newspapers...
made popular Jun 28 2008
If you give a real damn about the future of the planet, this brand new range of eco-friendly cordless telephones is certainly going to thrill you a great deal. Created...
made popular Jun 20 2008
AP, Munich
A former Siemens AG manager on trial over alleged corruption and bribery testified Monday that “commissions” were paid to secure orders.
made popular May 26 2008
AP, Berlin
German conglomerate Siemens AG said Wednesday that its second-quarter net profit slid 67 percent, weighed down by weaker performance in its major business projects,...
made popular Apr 30 2008
For all you women out there, who just love your soap, Siemens has come out with a phone that will keep reminding you of your soap every time you look at it, and even...
made popular Mar 21 2008
If they had a beauty pageant for cellphones, this Coral/BenQ Siemens Music Phone would probably walk away with the Most Photogenic title for sure. I mean just look at...
made popular Mar 18 2008
Mobile technology is spreading at the rate of knots across the planet. Mobiles have grown from being a luxury to an absolute necessity. They have connected the globe...
made popular Mar 4 2008
AP, Munich
Siemens AG said Tuesday it will reorganize its corporate telecom unit, eliminating 3,800 jobs while another 3,000 will be transferred to partners or other units _ its...
made popular Feb 26 2008
AP, Munich
Siemens AG said Tuesday it will reorganize its corporate telecom unit, a move that will cut 3,800 jobs and transfer another 3,000 to partners or other units.
made popular Feb 26 2008
AP, Munich
Industrial conglomerate Siemens AG will cut 7,000 jobs from its corporate telecommunications unit Siemens Enterprise Networks, officials with knowledge of the plans...
made popular Feb 25 2008
AP, Munich
Industrial conglomerate Siemens AG will cut 7,000 jobs at its corporate telecommunications unit Siemens Enterprise Networks, officials with knowledge of the plans told...
made popular Feb 25 2008
Did you feel worried when you misplaced your credit or a debit card, thinking the one who finds it may use it to his advantage. Well brush your worries aside, for the...
made popular Feb 21 2008
These touchSlider cooktops reminds me of the laptop touch pad. But, it is made for the kitchen. You simply have to glide a finger across the touchSlider control. It...
made popular Jan 18 2008
AP, Helsinki
Nokia Siemens Networks said Monday it will provide a digital network for Zain, a mobile phone operator in Saudi Arabia, in a deal valued at about $935 million.
made popular Jan 7 2008
Finnish handset maker Nokia and German conglomerate Siemens (SIEGn.DE) decided to combine their telecoms network equipment businesses last year to gain scale against...
made popular Nov 27 2007
The news has it that Siemens is joining hands with Sybarite to give birth to their inspirational conceptual mobile phone. This cool gizmo is an idea taken up from a...
made popular Nov 15 2007
Alexander Graham Bell is a man that surely deserves more credit than he ever got. He is the reason I keep in touch with so many people, I share my thoughts, I share my...
made popular Nov 13 2007
Related Tags
"Munich.". Benq Buffalo Grove building Business Environment Europe Germany Inc. industrial kitchen Lifestyle Nokia Phone Pictorial scitech Siemens AG Technology Trial United States Images
Munich:
Peter Loescher, CEO of German conglomerate Siemens attends a news conference in Munich, southern Germany, July 8, 2008. Siemens CEO Peter Loescher reiterated that the bulk of the jobs to be cut by the conlgomerate would focus on managers and not regular...
