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Munich, Germany, 2008-Jul-08

Press Talk – Reducing sales and administrative costs

on Tuesday, July 8, 2008 in Munich.

Press Releases

Munich, Jul 08, 2008

Siemens to reduce SG&A costs – 12,600 jobs to be cut worldwide - 4,150 additional job cutbacks due to restructuring – Sale of SIMS planned

Continuing its transformation program, Siemens intends to make job cuts primarily in administration-related functions. Plans call for eliminating approximately 12,600 jobs worldwide.

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Presentation: Press talk – Reducing sales and administrative costs

Innovation Communications

Peter Löscher

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Biography

Siegfried Russwurm

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Biography

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