- Siemens (OTCPK:SIEGY) is expected to unveil a broad restructuring today that could involve as many as 4,000 job cuts in its struggling energy and drives businesses, WSJ reports.
- The cost-cutting moves follow General Electric's recent restructuring amid a weak power industry.
Siemens may cut 4,000 jobs
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| Symbol | Last Price | % Chg |
|---|---|---|
| SIEGY | - | - |
| Siemens Aktiengesellschaft | ||