Siemens likely to cut 20K jobs amid "Vision 2020" strategy

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Source: Dukascopy Bank SA
Siemens, the German engineering giant, is considering to cut 20K job positions as part of the "Vision 2020" strategy, according to Manager Magazine.
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Thu, 23 Aug 2018 14:38:29 GMT

Panasonic ties up with Japan Display's unit over OLED panel-making process

On Thursday, Panasonic stated it had teamed up with Japan Display's affiliate to licence out the low-cost OLED panel-making process, which could become an alternative to the South Korean manufacturers' conventional method.

Thu, 23 Aug 2018 13:33:59 GMT

US initial jobless claims drop 2K last week

The number of applications for US unemployment benefits fell to 210K in the week ending August 18, while analysts anticipated a surge to 215K, the Labor Department reported.

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