One in four German firms 'to slash jobs' in 2013: Survey

BERLIN: Gloomy German companies are preparing to slash their workforces next year as the eurozone crisis bites, a survey showed on Monday, with more than one in four firms saying they would cut jobs in 2013.

Siemens seeks thousands of job cuts: paper

FRANKFURT (Reuters) - German engineering conglomerate Siemens is in early internal talks to cut thousands of jobs in response to a weakening economy, particularly in Europe, a German newspaper reported.