FRANKFURT-German industrial giant Siemens said on March 18 that it planned to cut more than 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market.

Now, the virtualization company is hitting back by taking Siemens to court over an alleged massive software license infringement. Broadcom has filed a lawsuit against the US arm of Siemens AG ...

Investors led by TPG to buy 90% of Indian wind division Deal tackles 'fragmented and competitive' landscape - exec Siemens Energy shares at top of DAX Siemens Gamesa, Siemens Energy's loss-making ...

Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said today, in the latest blow for German industry shaken by weak demand at home and abroad. The job cuts ...

MUNICH, March 26, 2025 /PRNewswire/ -- Siemens announced today that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and ...

[SINGAPORE] The impact of Siemens’ global job cuts on its Singapore workforce cannot be determined yet, as the German industrial giant is still deciding how the layoffs will be made across different ...

Siemens Energy plans to sell 90% of its wind business in India and Sri Lanka to an investor group led by TPG's climate investment arm. The deal includes transferring around 1,000 employees and two ...

VMware has sued industrial giant AG Siemens’s US operations for alleged use of unlicensed software and accused it of changing its story negotiations. The case was filed last Friday in the US District ...

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