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Tag: germanys
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.
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.
Germany's 1&1 launches IPTV service
2015-01-29 18:59:27| Digital TV News
German ISP 1&1 has begun to re-sell Deutsche Telekom's Entertain IPTV service to its VDSL broadband customers. The service 'Digital TV - provided by Telekom' has been available since January 20th, 2015.
Tags: service
launches
iptv
germanys
Arrow Electronics launches $105M tender offer for Germany's Data Modul AG
2015-01-28 17:17:02| Electronics - Topix.net
Arrow Electronics Inc. said Wednesday that its German unit is making an all-cash tender offer to acquire Munich, Germany-based LCD flat-panel display maker Data Modul AG. Arrow , the Centennial-based international electronics and computer company, said its Arrow CEHM subsidiary is offering $31 for Data Modul's shares, a 35 percent premium above the weighted average price of Data Modul's shares over the last three months.
Tags: data
offer
electronics
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Ulstein Verft to build two SOVs for Germanys Bernhard Schulte
2015-01-15 01:00:00| Ship Technology
Norwegian shipbuilder Ulstein Verft has secured an order from Germany-based Bernhard Schulte to build two service operation vessels (SOVs) for Windea.
Tags: build
bernhard
ulstein
verft
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