Siemens To Create 10,000 Jobs By Fiscal Year's End

Most jobs would be outside of Germany.

German engineering giant Siemens plans to create more than 10,000 new jobs worldwide during the business year ending in September, most of them abroad, a company spokesman said Aug. 8.

Between October 1, 2006 and the end of June, Siemens hired 8,200 new people including about 300 in Germany.

"All hell is breaking loose at most of our divisions. The orders continue to be strong and in some areas we have exhausted our capacity," the spokesman said.

The figures provided do not take into account units Siemens has sold off or intends to unload, including its troubled Enterprise Communications subsidiary where Siemens has plans to slash 600 jobs in Germany alone this year. Its car parts division, Siemens VDO, which it is selling to Germany's Continental and which is undergoing major restructuring, was also not included.

Siemens is the top employer in Germany with about 145,000 staff in Germany and 445,000 worldwide.

Copyright Agence France-Presse, 2007

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