Siemens To Cut 615 U.S. Wind Energy Jobs
From Bloomberg
Siemens AG (SIE) will eliminate 615 jobs at U.S. factories producing windmills in response to declining orders, dealing a blow to Chief Executive Officer Peter Loescher’s push into environmentally friendly energy sources.
“The industry is facing a significant drop in new orders, and this has an unfortunate consequence on employment in this segment of the power industry,” Munich-based Siemens said today in a message to employees that was obtained by Bloomberg.
