Siemens

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
135 jobs
Number of planned job losses
Job loss
Announcement Date
3 July 2013
Employment effect (start)
Foreseen end date

Description

German communication equipment manufacture Siemens is to apply a redundancy procedure affecting 135 employees (4% of its entire workforce in Spain).  The measure is part of larger company plan for 2014 aiming to improve its competitiveness.

The company hopes to agree the measure with the unions. This is the second redundancy procedure that the company implements in less than one year. For information on previous restructurings see Siemens-ES2012 and Siemens-ES2003.

Sources

  • 3 July 2013: El País

Citation

Eurofound (2013), Siemens, Internal restructuring in Spain, factsheet number 75617, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75617.