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Siemens management faces criticism of restructuring and reorientation.
(From Suddeutsche Zeitung)
Employee representatives at Siemens, the German technologies group, are critical of the group's restructuring plan. They are of the view that, with the orientation towards international markets in Asia and Latin America, management runs the risk of devoting insufficient attention to the domestic and European markets. They have also said that lost market share in Germany cannot be salvaged by cost-saving programmes, and are critical of the staff-cutting plan. Siemens, it is reported, plans to cut 17,000 ...
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