Siemens, Wolfspeed announce layoffs in March

Siemens announces $150 million R&D battery facility investment in Canada

Siemens announced it will invest $150 million over five years to establish an artificial intelligence (AI) manufacturing research and development facility for battery production in Canada.

Siemens, Wolfspeed announce layoffs in March

Milgard and SPS Technologies were also among those who disclosed job cuts this past month.

After the US government ordered European companies to comply with Trump's diversity ban, Siemens CEO Roland Busch has clearly spoken out in favor of greater diversity in companies. "We are a performance-oriented company, that's for sure," Busch told broadcasters RTL and ntv. "However, we also believe that diverse teams achieve better results." He thus indirectly contradicted the assumption that diversity and performance are contradictory. "A ref…