Thursday, May 7, 2015

Germany massively affected: mass dismissal: Siemens sweeps more … – ABC Online

Updated on Thursday, 05.07.2015, 10:28
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Because of unprofitable stores will emphasize another 4,500 jobs Siemens. Back in February, the elimination of 1,200 jobs had been announced. Now falling in Germany alone in 2200 Siemens put away.

The technology group Siemens underlines another 4,500 jobs, of which 2200 in Germany. This was announced by the company on Thursday morning in Munich. Background are the problems in the energy sector and the restructuring of unprofitable businesses.

struggling Siemens in the power generation business in a difficult market environment with falling prices and a slump in demand for large gas turbines. For the energy business, the Group had therefore announced back in February that 1200 jobs will be cut.



surplus 3.9 billion euros

also previously announced Stellenbau in the course of corporate restructuring reduces meanwhile Instead of 7800 Jobs now drop off 7400 jobs, of which 2900 in Germany. Originally, 3300 locations in Germany to be affected by the conversion, but the number was reduced after discussions with employee representatives, it said.

The gain in the energy sector sagged in the past quarter. On balance, the surplus of Siemens tripled namely to EUR 3.9 billion – but that was mainly due to the sale of multi-billion dollar stake in the home appliance division BSH, which gave Siemens the partner Bosch

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