DW Business - News November 19, 2017
A radical worldwide it wants to eliminate six thousand nine hundred jobs half of them in germany with the countrys east hardest hit two plants there will shut down completely and a third hangs in the balance. Says its been hit by the switch to cleaner Energy Sources and that is Turbine Division cant keep up it makes the parts for fossil fuel power plants and orders are declining yet siemens is not only investing in plants in other countries it is posting record profits no wonder the employees feel theyre being taken for a ride. To top it all off theyve been working on these plans for twelve mo...