Latest in Tag: restructuring Highlight

Latest in Tag: restructuring

Siemens logs profit on restructuring effort

German technology giant Siemens has been able to considerably increase its profit in the fiscal year ending September. The company is beginning to reap the fruits of its radical restructuring drive. Siemens’ recent business reorientation saw the German company log a 34-percent jump in bottom-line profit in its 2014/2015 fiscal year ending September, the Munich-based …

Deutsche Welle

Air France to keep 2016 job cuts despite clashes

Air France will go ahead with nearly one thousand lay-offs in 2016 as the struggling firm attempts a massive restructuring. The CEO said that thousands more cuts could be avoided if talks with the union go well. Air France confirmed on Sunday that it would go forward with job cuts proposed as part of a …

Deutsche Welle

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