vendredi 29 janvier 2010

Siemens reports profits, cuts jobs


Europe’s biggest engineer Siemens says 2000 German jobs are to go in its industry sector in the next 2 years, citing a fall in demand. However the company says the cuts can be made without mandatory lays-off.

This is all despite healthy first fiscal quarter profits, themselves made possible by cost-cutting. Siemens says long-cycle businesses, with long manufacturing times, are starting to get lower levels of orders.

Aucun commentaire:

Enregistrer un commentaire