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Industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide citing weak demand and increasing competition pressures in China and ...

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Siemens AG plans to reduce its global headcount by some 6,000 workers, with about half of the cuts coming in Germany, as the company seeks savings at its factory automation business that’s ...

Siemens SIE1.58%increase; green up pointing triangle said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.

It is the biggest number of layoffs announced by Siemens since 2017, with 2,600 of the jobs being axed in Germany, although Siemens said it was still committed to its home country as a business ...