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flag Siemens plans to cut over 6,000 jobs globally due to weak demand and competition.

flag Siemens plans to cut over 6,000 jobs globally due to weak demand and increased competition, particularly in China and Germany. flag The majority of the job cuts, around 5,600, will occur in the automation business, with an additional 450 in the electric vehicle charging unit. flag The company aims to strengthen competitiveness and adjust to current market conditions, expecting the majority of cuts to be completed by 2027.

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