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Power and Gas Division


Siemens Reportedly Considering Sale of Gas Turbine Business

Siemens AG, the parent company of Siemens Power and Gas, is contemplating the sale of its lucrative but lately troubled gas turbine business, according to one major news outlet. Citing…


Siemens Will Consolidate Power Divisions, Cut 6,900 Jobs

Siemens has announced it will cut 6,900 jobs, about half of them in Germany, over the next “several years” as the company consolidates its three power-related divisions. The November 16…