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March 19
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German company Siemens has announced it will shed nearly 7,000 jobs, reported the Deutsche Welle (DW) TV and radio company of Germany.

A total of 6,100 company employees, 2,600 of whom in Germany, will be cut down from the electrical appliance manufacturing industry.

Another 760 workers will be cut back at the Siemens electrical appliance manufacturing plant in capital city Berlin.

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