Siemens to Cut 11,600 Jobs as Company Streamlines

May 30 (Bloomberg) -- Siemens CEO said Europe’s largest engineering company will eliminate at least 11,600 positions as it cuts about 1 billion euros ($1.34 billion) in costs. Hans Nichols reports on Bloomberg Television's "Countdown." (Source: Bloomberg)
Greece's Cash Squeeze As IMF Payment Due
38:34 - Greece is still far from an agreement with its international creditors, as it faces a 200 million euro payment to the IMF this week. Bloomberg’s Nikos Chrysolaras tells On The Move’s Jonathan Ferro what he’s watching out for today.
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