{"id":877624,"date":"2024-11-16T13:02:39","date_gmt":"2024-11-16T07:32:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=877624"},"modified":"2024-11-16T13:02:39","modified_gmt":"2024-11-16T07:32:39","slug":"siemens-to-cut-up-to-5000-jobs-sometimes-we-have-to-do-some-re-engineering-says-ceo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/16\/siemens-to-cut-up-to-5000-jobs-sometimes-we-have-to-do-some-re-engineering-says-ceo\/","title":{"rendered":"Siemens to cut up to 5000 jobs: &#8220;Sometimes we have to do some re-engineering,&#8221; says CEO"},"content":{"rendered":"<p>Siemens, the German technology giant, announced plans to cut up to 5,000 jobs worldwide in its factory automation division following a steep decline in profits, CEO Roland Busch revealed.<br \/>\nThe company reported a 46% drop in profit at its flagship digital industries business, prompting the need for significant restructuring measures.<br \/>\n&#8220;Sometimes we have to do some re-engineering because the developments weren&#8217;t as positive as we expected them to be,&#8221; Busch said. &#8220;This means we are going to have a low- to medium-sized four-digit amount which will affect some areas.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Siemens, the German technology giant, announced plans to cut up to 5,000 jobs worldwide in its factory automation division following a steep decline in profits, CEO Roland Busch revealed. The company reported a 46% drop in profit at its flagship digital industries business, prompting the need for significant restructuring measures. &#8220;Sometimes we have to do some re-engineering because the developments weren&#8217;t as positive as we expected them to be,&#8221; Busch said. &#8220;This means we are going to have a low- to medium-sized four-digit amount which will affect some areas.&#8221;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-877624","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=877624"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877624\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=877624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=877624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=877624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}