Siemens says to cut 4,500 jobs worldwide

May 7, 2015 10:02 AM

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Siemens says to cut 4,500 jobs worldwide

BERLIN: German engineering giant Siemens said on Thursday (May 7) that it would slash an additional 4,500 jobs worldwide, on top of 7,400 cuts previously announced as part of an ongoing restructuring plan.

Some 2,200 of the latest job cuts will be in Germany, said the Munich-based firm that employs more than 300,000 people in all.

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