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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
July 9, 2008
FRANKFURT, Germany — Industrial conglomerate Siemens AG said Tuesday it will cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and slice nearly $2 billion in costs in the face of a slowing economy.
The Munich-based maker of products ranging from light....
