Germany-based Siemens AG, which has a presence in Houston, announced Nov. 16 it’s making structural changes that will include 6,900 job cuts worldwide over several years.
Half of the cuts will be in Germany, but another 1,800 job cuts will come from the consolidation of production facilities and administrative functions in the U.S., according to a press release.
However, Siemens aims to transfer as many of the affected employees as possible to open positions within the company. At last count,…
Houston Biz Journal
Siemens to cut 6,900 jobs worldwide, including in U.S.