Job Market Monitor
Siemens
Siemens – To cut 6,900 jobs worldwide
German industrial group Siemens has announced plans to cut around 6,900 jobs worldwide mostly in its fossil fuels division. It said global demand for large turbines produced by its power and gas division had fallen dramatically. Half of the jobs will be lost in Germany, while 1,100 will go in the rest of Europe and … Continue reading
Siemens – To cut 4,500 jobs
Siemens reported Thursday it would need to cut a further 4,500 jobs as part of its global restructuring effort, with a view to making the company more competitive and profitable. It said 2,200 jobs would have to be slashed in Germany. Siemens noted on its website this morning that the move was primarily aimed at … Continue reading
Siemens-Unify – To cut 3,800 jobs
Unify – formerly Siemens Enterprise Communications – is cutting its workforce in half to focus on software over hardware. The vendor is slashing 3,800 jobs from its global headcount of nearly 7,700. Central Europe will be the worst hit, accounting for 50 percent of the cuts, according to a statement from the company. “This transformation is … Continue reading
Siemens – To cut 11,600 jobs but CEO calls job cut reports incorrect
German industrial giant Siemens plans to eliminate around 11,600 jobs around the world as part of a major restructuring, a company spokesman says. “These jobs will be cut,” the spokesman told AFP on Friday, confirming remarks made by chief executive Joe Kaeser to a conference of investors and analysts in New York on Thursday. The … Continue reading
Siemens / To cut 15,000 jobs worldwide
The ‘flagship’ German engineering and technology giant plans to shed 15,000 jobs worldwide by late 2014 in a cost-cutting drive Continue reading
Siemens / To cut 1,700 jobs
Siemens is expected to cut around 1,700 jobs in the restructuring of its energy business Continue reading
Bombardier / To cut more than 1,400 jobs at its railcar plant in Derby, England
Siemens AG, Europe’s largest engineering company, sealed a $2.5 billion contract to provide carriages for a London rail link, beating Bombardier Inc., which is cutting jobs at its plant in England. The order to provide 1,140 new carriages for use on the Thameslink line will be awarded to a consortium led by Munich-based Siemens, the … Continue reading
Siemens / To cut 1,000 energy jobs in Europe and Asia
German engineering giant Siemens plans to cut 1,000 more domestic jobs at its energy division over the next few years, the Frankfurter Allgemeine Zeitung reported in its Tuesday edition. The company plans to initially cut 340 jobs in its energy-solutions unit in Erlangen and Offenbach, the daily newspaper said. “Siemens is thus reacting to the … Continue reading
3-D printing / Filling the Skills Gap
Siemens Chief Operating Officer Eric Spiegel said Thursday the $440 million grant his company donated to Youngstown State University will help shore up the training gap for students to work in the 3-D printing field. Siemens, the electronics and electrical engineering company, on Wednesday donated $440 million to Youngstown State University students working with the … Continue reading
Siemens / To Cut 4,700 More at Osram
Siemens AG (SIE) announced plans to eliminate an additional 4,700 jobs at its Osram lighting subsidiary to reap 1 billion euros ($1.3 billion) in cost savings as the market for traditional light bulbs shrinks. The job cuts, which are focused primarily outside Germany, come on top of 1,900 positions that Osram already reduced in fiscal … Continue reading
England – Carbon capture and storage projects could 4,000 jobs
Investing in carbon capture and storage (CCS) in Yorkshire and Humber will provide a major boost to the UK economy, generating £1.3bn and 4,000 skilled-jobs, a new report to be launched tomorrow has revealed. The report comes just weeks before the government is due to announce the winners of billion pounds worth of funding and … Continue reading
Nokia Siemens to cut 400 jobs in Finland
Nokia Siemens Networks says it has started talks with employees to cut 400 jobs in Finland as part of global plans to streamline operations. The wireless network group … http://www.ipolitics.ca/2012/09/12/nokia-siemens-to-cut-400-jobs-in-finland/
Siemens – More Than 150 North Texas Jobs Cut
Siemens Industry, Inc has announced that it is preparing to layoff more than 150 employees in the North Texas area. A spokesperson for Siemens said North Texas employees were notified Thursday that layoffs will take place until the end of 2013. About 160 full-time employees are expected to be affected. All layoffs will take place … Continue reading
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