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Toll Brothers Inc. Message Board

  • sage2123 sage2123 May 30, 2014 8:20 PM Flag

    Siemens cutting 11,600 jobs

    Looks to me like the entire global economy is battening down the hatches.

    Siemens AG (SIE)’s chief executive officer said Europe’s largest engineering company will eliminate at least 11,600 positions as it cuts about 1 billion euros ($1.34 billion) in costs.

    Sentiment: Sell

 
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