Siemens AG, Berlin, Germany, said this week it will cut 4,500 more jobs, on top of the 7,400 it announced last year, as part of a restructuring plan. Siemens employs more than 300,000 people worldwide. The restructuring is part of a plan by Joe Kaeser, chief executive since July 2013, to streamline the conglomerate by reducing the number of divisions and the hierarchy within them to save €1 billion and boost profitability.
Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.
