Germany's Siemens to cut over 6,000 jobs worldwide

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Siemens says demand in China and Germany is muted. German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market. The reductions, about 2% of Siemens's global workforce, will mostly be made in the group's factory automation ...