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Archive Home > 2008 > June > 30 > Siemens expected to cut 17,200 jobs

Siemens expected to cut 17,200 jobs


June 30, 2008

PARIS — Siemens, the German engineering and electronics company, plans to cut 17,200 mostly white-collar jobs as it reorganizes to reduce its cost base, a person close to the company said Sunday. The payroll cuts, which will include 6,400 jobs in Germany, represent one of the boldest....

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