Merkel backs Siemens over job cuts

Author (Person)
Series Title
Series Details 14.7.08
Publication Date 14/07/2008
Content Type

Report of comments on issues relating to the German economy made by German Chancellor Angela Merkel in an interview with the Bild am Sonntag newspaper, 13 July 2008.

The Chancellor backed Siemens, saying the 17,000 job cuts announced by the engineering giant recently may be needed to maintain its competitiveness.

Related Links
Deutsche Welle, 13.7.08: Siemens Reportedly Planning Wage Cuts http://www.dw-world.de/dw/article/0,2144,3480247,00.html

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