Siemens to cut 5,600 jobs

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On March 18, according to a statement, Siemens Digital Industries Group will lay off about 5,600 employees worldwide, including 2,600 in Germany, and the layoffs in the Digital Industries Group will be implemented before the end of fiscal 2027. The company’s electric vehicle charging business will lay off 450 employees worldwide, including about 250 in Germany, and the relevant measures will be implemented before the end of fiscal 2025.

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