Siemens to move 15,000 jobs east

India: Siemens AG will move most of its 15,000 software programming jobs from its offices in the US and Western Europe to India, China and Eastern Europe.

“Siemens has recognised that a huge amount of software development activity needs to be moved from high-cost countries to low-cost countries,” said Anil R. Laud, managing director of Siemens Information Systems, the group’s information technology subsidiary in India.

About 3,000 of the 30,000 programmers Siemens employs are already in India.