People watch a demonstration of screens moved by robotic arms at the Siemens stand during a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024. REUTERS/Annegret Hilse/File Photo
"Sometimes we have to do some re-engineering because the developments weren't as positive as we expected them to be," said Busch after Siemens reported a 46 per cent plunge in profit at its flagship digital industries business. No exact figure for the job figures has yet been decided, said Siemens, which employs 70,000 in digital industries globally.
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