The company has said that the cuts will save $1 billion in 2018, after admitting it expects dwindling demand for fossil fuel power plants to continue.

The company has said that the cuts will save $1 billion in 2018, after admitting it expects dwindling demand for fossil fuel power plants to continue.
US prosecutors have charged three Chinese nationals affiliated with a cybersecurity company in China with hacking into Siemens AG, Trimble and Moody’s Analytics to steal business secrets, according to a report by Reuters.
Siemens’ human resources chief said the proposal could be revised after negotiations with the union, after the company announced on Thursday it wanted to cut approximately 6,900 jobs worldwide – close to 2 percent of its global workforce.
The Saudi Arabian Ministry of Communications and Information Technology has signed a MOU with Siemens aiming to boost digital industrial …
Siemens has unveiled an end-to-end IoT solution, designed to help oil and gas firms enhance production and reduce costs …
The Misk Foundation and Siemens today signed a new Memorandum of Understanding at the Misk Global Forum expanding their collaboration aimed at developing …
Oman’s experiment with new models in partnership with the private sector and its eagerness in adopting new technology could pave the way for large-scale renewable projects, Markus-Erich Strohmeier, chief executive officer of Siemens Oman.
dnata has agreed a deal to implement a “cutting-edge” cloud-based software platform for its cargo operations in Dubai. The appointment …
Dubai’s Roads and Transport Authority (RTA) has signed a memorandum of understanding (MoU) with Siemens for the provision of 3D-printed …
Siemens has partnered with the Sabah Al Ahmad Centre for Giftedness and Creativity (SACGC) founded by Kuwait Foundation for Advancement …
GET TAHAWULTECH.COM IN YOUR INBOX