Siemens to Cut 4,200 Jobs at SIS

March 18th, 2010 by Harsimran Pal Singh Leave a reply »

Industrial conglomerate Siemens AG said Thursday it will cut 4,200 jobs world-wide by end-2011 at its information-technology unit SIS, as part of a restructuring.

About 2,000 of the cuts will be in Germany, and as many as possible will be made through mutual …

Source:http://online.wsj.com/article/SB10001424052748704207504575129270910935694.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

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