The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
1,000 jobs Number of planned job losses
Announcement Date
28 April 2006
Employment effect (start)
Foreseen end date
Description
Siemens Communications, which already did shed 1,500 jobs in 2005/2006, announced to cut another 1,000 jobs in Germany. Further job cuts in 2006/2007 will predominately affect blue collar workers at the assembly lines and in maintenance.
Additionaly, a yet unknown number of jobs in adminstration, distribution and development will be affected by further jobs cuts following the merger of Information and Communication Mobile (Siemens ICM) and Information and Communication Network (Siemens ICN).
Siemens Business Services (Siemens SBS) continues its programme to cut 2,400 jobs in Germany and 3,000 internationally.
Sources
28 April 2006: Frankfurter Allgemeine Zeitung
28 April 2006: Handelsblatt
28 April 2006: Financial Times Deutschland
Citation
Eurofound (2006), Siemens Communications, Internal restructuring in Germany, factsheet number 63431, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63431.
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