07-05-15 10:47 pm – Source: Reuters
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The German industrial group Siemens worldwide deletes again thousands of jobs. It is about 4500 jobs, of which 2200 in their own country. That made Siemens announced today.
In the past six months, the company deleted about 9,000 jobs. The layoffs Siemens will reduce costs by approximately 1 billion. According to CEO Joe Kaeser is the reorganization of the group with the latest announcement “for the most part completed. Profitability should be improved according to him in the industrial activities.
At the annualized part, Siemens saw profits last quarter by approximately 5 percent decline to 1.7 billion euros. Thus, the company performed worse than analysts had expected. Siemens seems to have suffered from low oil prices at the moment.
It is unclear whether there are job losses in the Netherlands. A spokesman could not say Thursday if requested. In our country, Siemens employs about 2,300 jobs. 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. It was as strong as a result of inflated revenue by Siemens received from the sale of spare parts. The sale of the division that makes hearing aids, for example, yielded 1.6 billion euros. An interest in BSH, which was done by hand, spent 1.4 billion euros in the till.
The turnover of the group climbed last quarter by more than 8 percent to 18 billion euros. This increase was mainly attributable to favorable currency effects. The order intake grew substantially, by 16 percent to almost 21 billion euros. Siemens was among more major orders for its train section
. (Edited by: Editorial)
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