Siemens

Siemens Plans to Acquire Dresser-Rand for $6 billion Says Sources

Siemens Plans to Acquire Dresser-Rand for $6 billion Says Sources

Sources having knowledge of the matter said on Sunday that Siemens AG the German engineering conglomerate is going in for a multibillion-dollar deal for buying Dresser-Rand Group Inc. the oil-equipment manufacturer of U. S. The deal could be announced as early as Monday said the persons.

Siemens Reduces 15,000 Jobs to Cope with GE, ABB

Siemens Reduces 15,000 Jobs to Cope with GE, ABB

Joe Kaeser, Chief Executive Officer of Siemens AG (SIE)'s, is reducing the number of jobs after suffering from a great setback in their economic market.

Siemens is the Europe's largest engineering Company. It had first projected a removal of about 8,000 jobs worldwide, the previous year.

Major Cost-Cutting Drive at Siemens AG

Major Cost-Cutting Drive at Siemens AG

Siemens AG has announced that the largest engineering company in Europe will cut 15,000 jobs under cost-cutting program. Siemens will cut 5000 jobs in Germany and over 10,000 all over the world.

Unemployment Rate Drops Down to 8.8%

Unemployment Rate Drops Down to 8.8%

According to the newly released data, there are numerous jobs waiting to embrace the aspiring professionals and unemployed people.

Corporate giants like Google, Siemens and Ford, etc. have unveiled their plans to add more workforces in the near future.

The market is flooded with the jobs of all kinds and unemployment rates are observing a new low.

Siemens has reported that it has bagged massive order

Siemens has reported that it has bagged massive order

On Thursday the German electronics and engineering group, Siemens reported a big leap in its orders and raised its dividend to its shareholders. This is a classic example of the world economic recovery feeding into sales of the corporate sector.

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