News Topic - Siemens
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Siemens to cut more than 17,000 jobs: reports
SAN FRANCISCO (MarketWatch) -- Siemens AG plans to cut about 6,450 jobs in Germany to cut costs and more than 17,000 worldwide, according to media reports Friday. German newspapers Sueddeutsche Zeitung and Die Welt had reported that Siemens would cut 17,200 jobs worldwide, and Reuters reported its sources said the figure was more like 17,150. Both Reuters and Bloomberg said Siemens declined to comment. The cuts are said to help Siemens save 1.2 billion euros, or about $1.9 billion, in 2010.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jun 27, 2008 6:08 PM [GMT] ¦ comment?
found in Business: Markets
SAN FRANCISCO (MarketWatch) -- Siemens AG plans to cut about 6,450 jobs in Germany to cut costs and more than 17,000 worldwide, according to media reports Friday. German newspapers Sueddeutsche Zeitung and Die Welt had reported that Siemens would cut 17,200 jobs worldwide, and Reuters reported its sources said the figure was more like 17,150. Both Reuters and Bloomberg said Siemens declined to comment. The cuts are said to help Siemens save 1.2 billion euros, or about $1.9 billion, in 2010.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jun 27, 2008 6:08 PM [GMT] ¦ comment?
found in Business: Markets
Siemens Could Slash Another 15,000 Jobs
Workers fear more fallout from corruption scandals at the German engineering giant
Business Week – Jun 26, 2008 8:31 PM [GMT] ¦ comment?
found in Business
Workers fear more fallout from corruption scandals at the German engineering giant
Business Week – Jun 26, 2008 8:31 PM [GMT] ¦ comment?
found in Business
Siemens PLM Software Recognized by the Readers of Diversity/Careers in Engineering & Information Technology Magazine as a 2008 Best Diversity Com
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PR Newswire – Jun 26, 2008 1:37 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
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PR Newswire – Jun 26, 2008 1:37 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
Voltran WEG Selects Siemens PLM Software to Increase Growth Opportunities
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PR Newswire – Jun 26, 2008 1:37 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
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PR Newswire – Jun 26, 2008 1:37 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
Siemens to cut up to 15,000 jobs: reportAFP - German industrial group Siemens is to cut up to 15,000 jobs worldwide as it restructures administrative services, according to a press report to be published on Thursday.
Yahoo! – Jun 25, 2008 5:23 PM [GMT] ¦ comment?
found in World: Europe
Siemens boss says group is too German, white and maleAFP - The head of German industrial group Siemens, Peter Loescher, feels his company's managers are too German, white and male, he said Wednesday in an interview.
Yahoo! – Jun 25, 2008 07:58 AM [GMT] ¦ comment?
found in World
Nokia buys British software company to take on Google
Nokia moved to counter the growing threat of Apple and Google in the race to supply the next generation of mobile phones by taking control of the British software company Symbian yesterday and announcing plans to make its mobile phone software free of charge. Symbian, which Nokia helped create with the UK-based Psion 10 years ago, makes the operating system software that sits on so-called smartphones, handsets that can access the internet and play music. As mobile phones become more powerful and people do far more than just make calls and send texts, the software that powers these devices has become a crucial battleground. Symbian has about 60% of the global smartphone market with its technology in more than 200m handsets already. But the recent entrance of Apple into the market with the iPhone and plans for Google to do likewise with its Android operating system later this year have threatened the positions of Symbian and Nokia, which makes four out of every 10 phones sold worldwide. Kai Öistämö, Nokia's vice-president, insisted that the company's move, which has been under discussion for several months, had nothing to do with the threat posed by Google or Apple. "Looking at this as a response to anybody would not do any justice to the boldness and magnitude of what we are doing." Analysts were in no doubt about the Finnish company's motivation: to prevent Google's Android operating system, due to appear on phones towards the end of the year, grabbing a significant slice of the market. Nokia's plans to stop charging for operating software also pose a threat to Microsoft and the BlackBerry developer, Research In Motion. Nokia is spending €264m (£209m) on the 52% of Symbian it does not own and bringing on board its 1,600 staff - more than 1,000 of which are in London and Cambridge. Ericsson, which has 15.6% of Symbian, Sony Ericsson, with 13.1%, Panasonic, with 10.5%, and Siemens, with 8.4%, have already agreed to sell. The last remaining shareholder is Samsung and Nokia expects the Korean firm also to sell its stake. Nokia then plans to integrate its own smartphone operating system - called Series 60 - with the UIQ standard developed by Motorola and Sony Ericsson and the MOAP platform of Japan's NTT DoCoMo. It will roll together all these systems, in the form of about 10m lines of computer code, into one free-of-charge software product that is "open source", or accessible to all, within two years. That new product will be controlled by a non-profit organisation called the Symbian Foundation, which already has more than 20 members including Vodafone, Orange, Nokia, Samsung and LG. All members will be able to use the new operating system to install on handsets or develop applications free of charge. Many mobile phone firms complain that the sheer number of operating systems makes it very hard to develop new revenue-generating services. Setting up the foundation means Nokia will be abandoning hundreds of millions of pounds of software-licensing revenues. Symbian alone made £160m last year by charging mobile phone makers for its software. For Nokia, however, the ambition is to make it as easy as possible for engineers to develop applications for the new system, which will make Symbian handsets more attractive to consumers and consequently to mobile phone companies. "I am convinced this will lead to us selling more phones," said Öistämö. Symbian's chief executive, Nigel Clifford, described the creation of the Symbian Foundation as "epoch-making". Analysts said it would also frustrate Google, whose Android system is also "open source". Emeka Obiodu, at the industry analysts Global Insight, said Google's plans had been "fatally derailed" by Nokia's move. "Nokia is taking the fight to Google on its own terms," he said. "Google prides itself on open-source credentials and is eager to build up a coalition of industry players to push through with its agenda (which is to cultivate a viable platform for mobile advertising). However, Nokia has nipped that in the bud. "By tying up the top five mobile handset makers, key chipmakers and the likes of AT&T and Vodafone, Nokia wants to starve Android, and similar initiatives, of influential industry players, leaving them to toy around with smaller players with lesser chance of changing the status quo." It will also be a blow to Microsoft, which has toiled for most of the past decade to get into the mobile phone market and now faces the prospect of its main rival becoming free of charge. Microsoft's Windows Mobile operating system has only 13% of the market and costs handset makers $8 to $15 a phone to use.
The Guardian – Jun 24, 2008 11:00 PM [GMT] ¦ comment?
found in Technology
Nokia moved to counter the growing threat of Apple and Google in the race to supply the next generation of mobile phones by taking control of the British software company Symbian yesterday and announcing plans to make its mobile phone software free of charge. Symbian, which Nokia helped create with the UK-based Psion 10 years ago, makes the operating system software that sits on so-called smartphones, handsets that can access the internet and play music. As mobile phones become more powerful and people do far more than just make calls and send texts, the software that powers these devices has become a crucial battleground. Symbian has about 60% of the global smartphone market with its technology in more than 200m handsets already. But the recent entrance of Apple into the market with the iPhone and plans for Google to do likewise with its Android operating system later this year have threatened the positions of Symbian and Nokia, which makes four out of every 10 phones sold worldwide. Kai Öistämö, Nokia's vice-president, insisted that the company's move, which has been under discussion for several months, had nothing to do with the threat posed by Google or Apple. "Looking at this as a response to anybody would not do any justice to the boldness and magnitude of what we are doing." Analysts were in no doubt about the Finnish company's motivation: to prevent Google's Android operating system, due to appear on phones towards the end of the year, grabbing a significant slice of the market. Nokia's plans to stop charging for operating software also pose a threat to Microsoft and the BlackBerry developer, Research In Motion. Nokia is spending €264m (£209m) on the 52% of Symbian it does not own and bringing on board its 1,600 staff - more than 1,000 of which are in London and Cambridge. Ericsson, which has 15.6% of Symbian, Sony Ericsson, with 13.1%, Panasonic, with 10.5%, and Siemens, with 8.4%, have already agreed to sell. The last remaining shareholder is Samsung and Nokia expects the Korean firm also to sell its stake. Nokia then plans to integrate its own smartphone operating system - called Series 60 - with the UIQ standard developed by Motorola and Sony Ericsson and the MOAP platform of Japan's NTT DoCoMo. It will roll together all these systems, in the form of about 10m lines of computer code, into one free-of-charge software product that is "open source", or accessible to all, within two years. That new product will be controlled by a non-profit organisation called the Symbian Foundation, which already has more than 20 members including Vodafone, Orange, Nokia, Samsung and LG. All members will be able to use the new operating system to install on handsets or develop applications free of charge. Many mobile phone firms complain that the sheer number of operating systems makes it very hard to develop new revenue-generating services. Setting up the foundation means Nokia will be abandoning hundreds of millions of pounds of software-licensing revenues. Symbian alone made £160m last year by charging mobile phone makers for its software. For Nokia, however, the ambition is to make it as easy as possible for engineers to develop applications for the new system, which will make Symbian handsets more attractive to consumers and consequently to mobile phone companies. "I am convinced this will lead to us selling more phones," said Öistämö. Symbian's chief executive, Nigel Clifford, described the creation of the Symbian Foundation as "epoch-making". Analysts said it would also frustrate Google, whose Android system is also "open source". Emeka Obiodu, at the industry analysts Global Insight, said Google's plans had been "fatally derailed" by Nokia's move. "Nokia is taking the fight to Google on its own terms," he said. "Google prides itself on open-source credentials and is eager to build up a coalition of industry players to push through with its agenda (which is to cultivate a viable platform for mobile advertising). However, Nokia has nipped that in the bud. "By tying up the top five mobile handset makers, key chipmakers and the likes of AT&T and Vodafone, Nokia wants to starve Android, and similar initiatives, of influential industry players, leaving them to toy around with smaller players with lesser chance of changing the status quo." It will also be a blow to Microsoft, which has toiled for most of the past decade to get into the mobile phone market and now faces the prospect of its main rival becoming free of charge. Microsoft's Windows Mobile operating system has only 13% of the market and costs handset makers $8 to $15 a phone to use.
The Guardian – Jun 24, 2008 11:00 PM [GMT] ¦ comment?
found in Technology
Siemens 'too white, German and male'
Peter Löscher, the Austrian-born chief of Siemens, says the German industrial conglomerate's top management is too German for its own good, as well as too white and male, and vows to improve its "global diversity"
Financial Times – Jun 24, 2008 10:30 PM [GMT] ¦ comment?
found in Business: Companies
Peter Löscher, the Austrian-born chief of Siemens, says the German industrial conglomerate's top management is too German for its own good, as well as too white and male, and vows to improve its "global diversity"
Financial Times – Jun 24, 2008 10:30 PM [GMT] ¦ comment?
found in Business: Companies
Is Siemens a buy - again?
The German company is forever restructuring, but this time the stakes are higher.
International Herald Tribune – Jun 24, 2008 9:40 PM [GMT] ¦ comment?
found in Business: Personal Finance
The German company is forever restructuring, but this time the stakes are higher.
International Herald Tribune – Jun 24, 2008 9:40 PM [GMT] ¦ comment?
found in Business: Personal Finance
LG Electronics and Siemens Announce MOU Agreement
Seoul, Korea.— LG Electronics (LG), a global leader and technology innovator in consumer electronics announced that it signed a memorandum of understanding (MOU) related to integrated building managem... [WebWire - Tuesday, June 24, 2008]
WebWire – Jun 24, 2008 3:38 PM [GMT] ¦ comment?
found in Top Stories: Press Releases
Seoul, Korea.— LG Electronics (LG), a global leader and technology innovator in consumer electronics announced that it signed a memorandum of understanding (MOU) related to integrated building managem... [WebWire - Tuesday, June 24, 2008]
WebWire – Jun 24, 2008 3:38 PM [GMT] ¦ comment?
found in Top Stories: Press Releases