“Transformation Is Not Achieved Through Downsizing” – German Union Slams Layoffs Engineering Giant Blames Weak Demand in Germany and China for Job Cuts 🔹 Siemens Announces Major Workforce Reduction ZURICH, March 19 (Reuters): Siemens has announced the layoff of 5,600 employees from its Digital Industries division, citing sluggish demand in Germany and China. The move, … Continue reading Siemens to Cut 5,600 Jobs Amid Global Slowdown