You are here
Siemens cuts more jobs as Q2 profit disappoints
SIEMENS AG, Europe's largest engineering company, will cut another 4,500 jobs after second-quarter profit fell more than analysts estimated, burdened by the declining oil price.
Profit from so-called industrial operations fell 4.9 per cent to 1.66 billion euros (S$2.5
- CALL +65 6388 3838
- EMAIL email@example.com