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Siemens axe 7,800 jobs as part of €1-billion plan

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AFP/DPA/The Local - news@thelocal.de
Siemens axe 7,800 jobs as part of €1-billion plan
Siemens plans for profitability are funnelling down to the workers. Photo: DPA

Siemens AG, Europe's engingeering giant, announced Friday it would be cutting 7,800 jobs globally, with 3,300 of layoffs happening in Germany.

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