The company scrapped in the last six months about 9,000 jobs. The layoffs Siemens wants to reduce costs by about 1 billion euros.
According to CEO Joe Kaeser is the reorganization of the group with the latest announcement, ” largely completed ”. Siemens saw profits decline during the quarter by about 5 percent to 1.7 billion euros.
It is unclear whether any jobs will be lost in the Netherlands. In the Netherlands, Siemens has about 2,300 employees. Worldwide employs approximately 342,000 people at Siemens.
The total net profit of Siemens or was sharply higher at 3.9 billion euros against 1.2 billion in the same quarter last year.
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