Siemens expects to reduce staff at mobile division

Article Abstract:

Siemens AG will lay off 2,300 workers at its mobile communications division. The unit has been struggling from a market downturn over the last three years.

Strategy & planning, Personnel administration, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Planning, Human resource management, Company personnel management, Layoffs, Company business planning, Layoff, Subsidiaries, divisions and units, Wireless telecommunications equipment, Wireless communications equipment

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Siemens's earnings jump 29% on 4.6% increase in revenue: engineering firm expects to beat its full-year earnings targets

Article Abstract:

Siemens AG reported a net profit increase of 29% for the latest quarter. The company now expects to exceed its proft target for the year.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Sales, profits & dividends, Company sales and earnings, Electronics industry, Company earnings/profit

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