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The Siemens Simatic S7-1500VF virtual PLC is a software-defined automation controller designed for failsafe automation applications, with safety functions up to SIL3 and PLe. With the fail-safe ...

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Process Automation and Instrumentation Market. The Process Automation and Instrumentation Market was valued at USD 892.5 ...

Managing board member Cedrik Neike defended the job cuts, saying Siemens' automation business had to become faster and more agile. "We need to become more regionally balanced and gain a broader ...

(Bloomberg) -- Siemens AG plans to reduce its global headcount by some 6,000 workers, with about half of the cuts coming in ...

Managing board member Cedrik Neike defended the job cuts, saying Siemens' automation business had to become faster and more agile. "We need to become more regionally balanced and gain a broader ...

Siemens SIE0.19%increase; green up pointing triangle said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.

But Siemens, which employs 312,000 globally, said "muted demand primarily in the key markets of China and Germany coupled with increased competitive pressures have considerably reduced orders and ...