By Noah Barkin and Jens Hack BERLIN/MUNICH (Reuters) - The chief executive of German conglomerate Siemens SIEGn.DE tried to calm a brewing storm over job cuts on Friday after he let slip at an investor conference in New York that his plan to restructure the company could put up to 11,600 staff at risk. Joe Kaeser, who was vaulted into the top job at the Munich-based firm nine months ago, unveiled an overhaul earlier this month that removes layers of management by abolishing a corporate structure, along sectoral and regional lines, that was put in place by his predecessor Peter Loescher. At the investor conference he was pressed to give more details on his goal to save 1 billion euros annually through the restructuring, and responded by attaching specific job numbers to the scheme for the first time. 7,600 people work in sector coordination, coordinating a middle layer that is gone," Kaeser said, according to a podcast of the remarks posted on the Siemens website.
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