Siemens announces 4,200 job cuts

March 19th, 2010 by admin Leave a reply »

Siemens has announced the cull of 4,200 jobs worldwide from its IT business.

The company said that 2,000 of the job cuts will be in Germany, but did not provide a breakdown for the UK. The cuts will be made by the autumn of 2011.
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A spokesperson for the company said that around 3,500 workers are employed in the Siemens IT Solutions and Services (SIS) division in the UK. The company employs around 35,000 people in its IT business worldwide.

In a statement, Siemens said it would “exhaust all possibilities for voluntary measures” when making the job cuts.

Source:http://www.networkworld.com/news/2010/031910-siemens-announces-4200-job.html?hpg1=bn

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