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Siemens AG (SIEGn.DE)

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21 Nov 2017
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Fri, Nov 17 2017

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Nearly 2,000 Siemens employees protest against job cuts

BERLIN Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union. | Video

Nearly 2,000 Siemens employees protest against job cuts

BERLIN, Nov 17 Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union.

Siemens to cut 6,900 jobs to tackle flailing turbines business

FRANKFURT Siemens will cut about 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables.

UPDATE 3-Siemens to cut 6,900 jobs to tackle flailing turbines business

* Power industry experiences "unprecedented" disruption (Adds comment from German Economy Minister)

BRIEF-Siemens could cut 4,000 jobs in restructuring - WSJ, citing sources ‍​

* Siemens could cut 4,000 jobs in restructuring - WSJ, citing sources ‍​

BRIEF-Alstom says Siemens rail merger proceeding on track with planned timetable

* Says Siemens rail merger is proceeding on track with their planned timetable

French group Alstom H1 net profit surges, keeps 2020 financial goals

PARIS, Nov 14 French manufacturing group Alstom , which has agreed to merge its rail operations with Germany's Siemens, reported a surge in first-half net profit and kept its 2020 financial targets.

BRIEF-Ballard Power Systems says it ‍signed ‍development agreement with Siemens AG

* SIGNED AGREEMENT WITH SIEMENS AG FOR DEVELOPMENT OF ZERO-EMISSION FUEL CELL ENGINE TO FOR SIEMENS' MIREO LIGHT RAIL TRAIN​

Siemens CEO says not motivated by large industrial automation deals

MUNICH, Nov 9 Siemens is not interested in taking part in large industrial automation merger deals at the moment, its chief executive said when asked about consolidation in the context of Emerson Electric's attempt to buy Rockwell Automation.

UPDATE 2-Siemens industrial profit dives ahead of year of change

* Shares down 2.7 percent (Writes through with new executive, union comment)

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