Siemens is to cut the jobs of 15,000 people over the next year. <br /><br />A third of those are in its industrial, energy and infrastructure businesses in Germany. <br /><br />It is part of a six billion euro cost cutting programme at Europe's biggest engineering firm.<br /><br />Siemens is anxious to close the gap with more profitable rivals such as US-based General Electric and Switzerland's ABB.<br /><br />...<br />http://www.euronews.net/
