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Old 06-30-2008   #1 (permalink)
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Default Siemens to cut 17,200 jobs

FRANKFURT - Conglomerate Siemens AG, wracked by a wide-ranging corruption scandal, will cut up to 4 per cent of its work force worldwide, or about 17,200 jobs. The Sueddeutsche Zeitung reported the Munich-based company was set...

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