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Siemens sets aside 3-digit million eur sum for job cuts
November 8, 2012 / 9:42 AM / 5 years ago

Siemens sets aside 3-digit million eur sum for job cuts

BERLIN (Reuters) - Siemens has already set aside a sum in the hundreds of millions of euros for severance payments as part of its new 6 billion-euro ($7.65 billion) cost-cutting program, its finance chief Joe Kaeser said.

Reporting by Maria Sheahan

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