roland busch siemens news

Siemens to cut up to 5000 jobs

Siemens to cut up to 5,000 jobs in automation business after downturn

Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday. "Sometimes we have to do some re-engineering because the developments weren't as positive as we expected them to be,

Hosted on MSN · 4h

Siemens to cut up to 5000 jobs: "Sometimes we have to do some re-engineering," says CEO

Siemens, facing a 46% profit drop in its digital industries division, plans to cut up to 5,000 jobs. CEO Roland Busch cited the need for restructuring amid unexpected negative developments. Despite this,

newsbytesapp.com · 19h

Siemens to cut around 5,000 jobs in factory automation division

Siemens is planning to layoff up to 5,000 workers in its factory automation division. The news comes from CEO Roland Busch, after the company's digital industries sector saw a major profit drop. "Sometimes we have to do some re-engineering because the developments weren't as positive as we expected them to be," Busch said.

India Today on MSN · 16h

Siemens layoffs: Tech giant may cut up to 5,000 jobs amid ongoing struggles

German tech conglomerate Siemens may cut up to 5,000 jobs globally in its factory automation sector owing to ongoing struggles, reported news agency Reuters. CEO Roland Busch announced the potential cuts on Thursday.

Siemens stock surges

Channel NewsAsia Singapore · 13h

Siemens flags tough times ahead after Q4 profit beat

Siemens flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting fourth quarter earnings slightly ahead of forecasts.The company, whose products range from industrial controllers and software to trains,

Business Insider · 18h

Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up

Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday

Reuters on MSN · 20h

Siemens stock surges after Q4 profit beat, flags rising global risks

By John Revill ZURICH (Reuters) -Siemens stock surged on Thursday after the engineering company posted better than expected results and said it was in a good position to navigate mounting global political and trade tensions.

Impacts18h

Siemens Reports Strong Q4 FY 2024 Results Surpass Market Expectations

Siemens reported strong Q4 FY 2024 results, surpassing market expectations. Takeaway Points Siemens reports strong Q4 FY 2024 ...

18h

Siemens Posts Record Profits But Warns On Trade Tensions

German industrial giant Siemens on Thursday posted a record net profit in the last fiscal year, but warned that global tariff conflicts could weigh on business in the coming 12 months.

CRN14d

Siemens CEO: $10B Buy Of Altair To Create ‘World’s Most Complete AI-Powered Design And Simulation Portfolio’

Siemens AG acquisition of Altair for $10.6 billion will boost software, AI, design and simulation technology, HPC and data ...

14don MSN

Siemens' $10.6 Billion Altair Deal Strengthens Its Industrial Software Offering

(Reuters) -Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position ...

22h

Siemens Shares Hit Record as Data Center Boom Drives Orders

Siemens AG’s shares rose to a record after the company said the boom in power hungry data centers will drive demand for its ...

Crain's Detroit15d

Siemens to acquire Troy-based Altair in $10B deal

German engineering giant Siemens AG has agreed to acquire Troy-based Altair Engineering Inc. in a $10 billion deal.

14d

Siemens To Buy Altair For $10.6B To Boost Industrial Software Portfolio

Siemens will be acquiring Altair for $10.6 billion in a move to strengthen its presence in the industrial software market.

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