Seeking Alpha

Siemens (SI) will reportedly cut around 1,700 jobs as part of the restructuring of its energy...

Siemens (SI) will reportedly cut around 1,700 jobs as part of the restructuring of its energy business. That's more than the 1,100 German workers the conglomerate said in December that it would lay off. The speculation about the staff reductions comes after Siemens said earlier this month that it is closing its solar-energy operations after failing to sell the business, and as it carries out massive savings in order to close the gap with rivals GE and ABB.
Comments (3)
  • Ray Lopez
    , contributor
    Comments (1528) | Send Message
     
    King Coal and the global warming hoax conspiracy theorists win again?
    30 Jun 2013, 02:25 AM Reply Like
  • Lock Haven Scooter
    , contributor
    Comment (1) | Send Message
     
    And just think Ray, this past week our Dear Ruler commanded all mankind to worship and bow at the altar of the Global Warming god!
    30 Jun 2013, 07:47 PM Reply Like
  • Skinnyjj
    , contributor
    Comment (1) | Send Message
     
    Siemens is cut throat....healthcare orgz is next for job cuts. Look over your shoulder Med USA...
    30 Jun 2013, 02:53 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector