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Germany's Siemens to ax 7,800 jobs globally to cut costs

2015-02-06 13:30:04| Telecom - Topix.net

Industrial machinery maker Siemens AG says it will cut 7,800 administrative jobs worldwide as part of an effort to streamline the sprawling company and its many businesses. Siemens CEO Joe Kaeser said the cuts were part of an ongoing restructuring whose aim was to "get the company back on a sustainable growth path and close the profitability gap to our competitors" Siemens said the cuts would save 1 billion euros this year alone that the company could put into growth initiatives such as research and development.

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Germany's Siemens to ax 7,800 jobs globally to cut costs

2015-02-06 13:12:47| Industrial Machines - Topix.net

Industrial machinery maker Siemens AG says it will cut 7,800 administrative jobs worldwide as part of an effort to streamline the sprawling company and its many businesses. Siemens CEO Joe Kaeser said the cuts were part of an ongoing restructuring whose aim was to "get the company back on a sustainable growth path and close the profitability gap to our competitors" Siemens said the cuts would save 1 billion euros this year alone that the company could put into growth initiatives such as research and development.

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Gulf corals may hold key to future of reefs globally

2014-12-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Gulf News: When seawater temperatures reach 31 degrees Celsius, coral reefs the world over are unable to survive and begin to die off. Yet in the UAE coastal waters, where temperatures routinely top 35 degrees, coral reefs continue to thrive and survive, making them one of the hardiest marine life forms on the planet, experts say. As a result, many scientists are taking a renewed interest in studying the coral reefs of the region in order to gain a better understanding of how climate change could affect...

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Tropical deforestation could disrupt rainfall globally

2014-12-18 18:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Large-scale deforestation in the tropics could drive significant and widespread shifts in rainfall distribution and temperatures, potentially affecting agriculture both locally and far from where forest loss is occurring, concludes a study published today in Nature Climate Change. The research, authored by Deborah Lawrence and Karen Vandecar of the University of Virginia, is based on a review of several studies that measured and modeled the impacts of tropical forest clearance in different geographies...

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Neste Jacobs Implements Use of Intergraph Solutions Globally

2014-12-12 17:05:00| Offshore Technology

Neste Jacobs has entered into a multi-year agreement to use Intergraph solutions globally.

Tags: solutions neste jacobs implements

 

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