German industrial group Siemens plans to cut over 7,000 jobs worldwide as part of a reorganization under Chief Executive Joe Kaeser. A source familiar with the situation said about 3,000 of those jobs will be in Germany. Siemens, which had been expected to announce as many as 10,000 job cuts on Friday, declined to comment. The trains-to-turbines group employs 343,000 people worldwide. About 115,000 are in Germany http://yhoo.it/1FbsOJi http://bit.ly/1fJ5yqZ
Siemens to Cut Over 7,000 Jobs in Reorganization: Source
German industrial group Siemens plans to cut over 7,000 jobs worldwide as part of a reorganization under Chief Executive Joe Kaeser. A source familiar with the situation said about 3,000 of those jobs will be in Germany. Siemens, which had been expected to announce as many as 10,000 job cuts on Friday, declined to comment. The trains-to-turbines group employs 343,000 people worldwide. About 115,000 are in Germany http://yhoo.it/1FbsOJi http://bit.ly/1fJ5yqZ
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