Industrial conglomerate Siemens is planning to cut 6,900 jobs, mostly in Germany and the U.S. Most of the job cuts will hit the Siemens (SIEGY) unit that provides turbines and services to companies that generate power from oil and gas.
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He said a recent study from consulting firm Oliver Wyman that 65,000 to 75,000 jobs could be lost overall in Britain’s financial services was within "the plausible range of scenarios." He said the actual number would depend on firms.
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In a survey of CFOs within the manufacturing sector, Siemens Financial Services found that these professionals commonly cite the capabilities for their equipment to capture and analyze data, to automate order processing and to.
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Siemens said it would cut 7,800 jobs globally as part of Vision 2020 cost-cutting program. Financial Services;. India’s ‘Cashew Capital’ Loses Ground in Global.
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