Siemens Plans To Fire 5000 Employees From Factory Automation Division

Siemens, the German tech giant, is reportedly planning to cut up to 5,000 jobs globally in its factory automation sector, reflecting the impact of ongoing geopolitical and macroeconomic challenges. While the exact number is yet to be finalized, CEO Roland Busch emphasized the necessity of restructuring to address falling performance metrics. Decline in Profits Sparks […]

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