SIEGY Stock Recent News

German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market.

The German industrial conglomerate said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in the electric-vehicle charging business.

Siemens will cut 5,600 jobs from its flagship digital industries business, the German engineering company said on Tuesday, saying it was adjusting its production capacity in line with lower demand.

OPmobility, a world leader in sustainable mobility, is adopting Teamcenter X, the cloud-enabled Product Lifecycle Management (PLM) software from the Siemens Xcelerator portfolio OPmobility will use Teamcenter as its single backbone, helping to optimize work efficiency and project lead-times and contribute to the transformation of the product design processes in a rapidly changing automotive industry PLANO, Texas , March 12, 2025 /PRNewswire/ -- Siemens announced today that OPmobility is partnering with Siemens to adopt its Teamcenter® X Product Lifecycle Management software. OPmobility's increasingly complex products now include electronics and software, to create intelligent exterior and complex lighting systems, as well as energy storage systems, which include battery and hydrogen electrification solutions in addition to fuel tanks.

ROCKFORD, Ill.--(BUSINESS WIRE)-- #bonedensity--Forest City Diagnostic Imaging, LLC (Forest City) today announced that it has expanded its operational space, its diagnostic offerings, and has successfully onboarded the latest in MRI scanner AI-powered technology called Deep Resolve by Siemens Healthineers. In early 2025 Forest City expanded its headquarters from 8,000 sq ft to 12,000 sq ft, and increased its service offerings to fulfill local demand by adding additional machines including 3D mammography, a GE.

Siemens AG CEO Roland Busch discusses investing in the United States on 'The Claman Countdown.'

Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas.

FORT WORTH, Texas--(BUSINESS WIRE)--Siemens boosting U.S. investments by more than $10 billion for American manufacturing jobs, software and AI infrastructure.

One of the more impressive stock price pops on Wednesday belonged to a somewhat under-the-radar company for American investors, Siemens (SIEGY 8.44%). The European industrial conglomerate's shares closed the day more than 8% higher on news of a potentially significant new infrastructure program in Germany.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.