tech:

taffy

Siemens To Cut 15,000 Jobs

SiemensGerman electronics behemoth Siemens will cut around 15,000 jobs worldwide by the end of 2014The reductions is expected to save the company around $8.1 billion. Siemens employs roughly 370,000 people, around 60,000 of those in US. 

Siemens appointed its CFO Joe Kaeser as the company’s new CEO in August this year.

[Image courtesy: Siemens]

You may also be interested in:

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.