Thump
Posts : 2740 Join date : 2008-05-13 Location : Central Florida
| Subject: Siemens mulling 17,000 job cuts Sat Jun 28, 2008 10:16 am | |
| Siemens mulling 17,000 job cuts - AFP - 24 minutes ago BERLIN (AFP) - The German conglomerate Siemens is set to announce over 17,000 job cuts worldwide, more than a third of them in Germany, according to press reports on Saturday. The Story | |
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rockhump
Posts : 1550 Join date : 2008-05-16
| Subject: Siemens cuts Sat Jun 28, 2008 1:00 pm | |
| Yeah, read it yesterday and it was announced internally. Don't think it will affect me and probably will boost the stock price. I suspect the layoffs will be limited ( mainly attrition )and in other areas. | |
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