Siemens Cuts Jobs at Troubled Comms Unit

The German engineering and technology giant will eliminate 3,800 jobs worldwide after failing to woo a buyer for the division

Siemens confirmed Tuesday that it would cut thousands of jobs in its Siemens Enterprise Communications (SEN) division. In Germany alone, 2,000 jobs are to be eliminated, with a global total of 3,800 cuts, the company announced from its Munich headquarters. The company also plans to shed an additional 3,000 workers, either by selling factories or setting up partnerships with other companies. Around 1,200 of those cuts are expected in Germany.

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