FILE - The April 28, 2010 file photo shows a worker assembling 

FILE - The April 28, 2010 file photo shows a worker assembling the front of a new ICE high speed train the ICE 3, at the train plant of Siemens in Krefeld, western Germany. German industrial conglomerate Siemens is launching a new cost-cutting program aimed at saving euro 6 billion (US$ 7.7 billion) by 2014.  The program came as the company reported a 2 percent dip in fourth quarter net profits to euro 1.479 billion.  Siemens also said Thursday, Nov. 8, 2012, that it had met its 2012 targets. (AP Photo/Frank Augstein)
Associated Press
FILE - The April 28, 2010 file photo shows a worker assembling the front of a new ICE high speed train the ICE 3, at the train plant of Siemens in Krefeld, western Germany. German industrial conglomerate Siemens is launching a new cost-cutting program aimed at saving euro 6 billion (US$ 7.7 billion) by 2014. The program came as the company reported a 2 percent dip in fourth quarter net profits to euro 1.479 billion. Siemens also said Thursday, Nov. 8, 2012, that it had met its 2012 targets. (AP Photo/Frank Augstein)
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