Siemens to cut up to 5000 jobs
Siemens to cut around 5,000 jobs in factory automation division
Siemens is planning to layoff up to 5,000 workers in its factory automation division. The news comes from CEO Roland Busch, after the company's digital industries sector saw a major profit drop. "Sometimes we have to do some re-engineering because the developments weren't as positive as we expected them to be," Busch said.
Siemens, the German tech giant, is reportedly planning to cut up to 5,000 jobs globally in its factory automation sector, ...
While no final decision has been made regarding the exact number of job cuts, Busch's comments suggest a clear need for ...
Siemens flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting ...
The Siemens Industrial Copilot is the first generative AI-powered assistant for engineering in an industrial environment.
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday ...
Siemens AG’s shares rose to a record after the company said the boom in power hungry data centers will drive demand for its transformers and grid technology in the coming year.Most Read from ...
Rainer Brehm, chief executive for factory automation at Siemens, commented: “We are turning generative AI into ...
Clean hydrogen producer HiiROC (Hull, U.K.; has partnered with technology company Siemens (Munich, Germany; on its ...
Siemens AG expects solid revenue growth next year as strong demand for its electrification infrastructure products offsets a ...
Microsoft collaborates with Siemens, Bayer, and Rockwell Automation to launch industry-specific AI models designed to boost efficiency in manufacturing, agriculture, and finance through tailored AI ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback