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 26.30 - Manufacture of communication equipment
2,900 jobs Number of planned job losses
Announcement Date
31 January 2012
Employment effect (start)
23 November 2011
Foreseen end date
31 December 2012
Description
As reported on January 31, 2012, global data networking and telecommunications equipment joint-venture Nokia Siemens Networks will cut 2,900 jobs in Germany. This is part of NSN's plans which became public in November 2011, including 17,000 job cuts worldwide (see here).
Currently, NSN employs 9,100 people at 35 German sites, only five of them will remain (Berlin, Bonn, Bruchsal, Düsseldorf, Ulm). The most affected site is Munich, where about 2,000 of 3,600 jobs will be cut and the remaining jobs relocated.
Job cuts will occur until the end of 2012, but unions announced resistance and NSN has started talks with worker representatives.
Sources
23 November 2011: Nokia Siemens Networks
24 November 2011: Frankfurter Allgemeine Zeitung
31 January 2012: tagesschau.de
31 January 2012: Nokia Siemens Networks
Citation
Eurofound (2012), Nokia Siemens Networks, Internal restructuring in Germany, factsheet number 73048, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73048.
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