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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.

Tags: jobs costs cut siemens

 

Lawrence County Solid Waste Department turning litter into jobs

2015-02-06 09:05:20| Paper - Topix.net

Lawrence County is struggling and in a mess after losing a major employer, International Paper. But one county department is trying to make things nicer - and create good-paying jobs in the process.

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Volvo to cut 1,000 jobs in construction-gear unit

2015-02-05 14:36:51| Appliances - Topix.net

Sweden's Volvo AB said Thursday it will cut 1,000 jobs in its construction equipment business as Chief Executive Olof Persson's struggle to improve the company's profitability continues. Volvo said its construction equipment operation has suffered from a deterioration in markets outside North America and as a result it will close operations in Poland, Brazil and the U.S. The job cuts come on top of a staff reduction of 4,400 white-collar employees announced last year within the framework of a program now targeting 10 billion Swedish kronor in savings by the end of 2015.

Tags: jobs unit cut volvo

 

Siemens to cut over 7,000 jobs in reorganisation: source

2015-02-05 13:15:16| Industrial Machines - Topix.net

German industrial group Siemens plans to cut over 7,000 jobs worldwide as part of a reorganisation under Chief Executive Joe Kaeser, a source familiar with the situation said.

Tags: jobs source cut siemens

 

C.H. Robinson execs talk Freightquote integration, Barton, new jobs

2015-02-04 22:36:41| Logistics - Topix.net

C.H. Robinson Worldwide Inc. expects it will fully integrate Kansas City-based freight brokerage Freightquote into its global network by the end of the year. On Wednesday, the Eden Prairie, Minn., third-party logistics company's top executives gave their commentary on C.H. Robinson's fourth-quarter and year-end performance.

Tags: jobs talk integration robinson

 

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