Siemens

Type
Internal restructuring
Country
Spain
Region
Noreste; Aragón; Zaragoza
Location of affected unit(s)
Zaragoza, other locations
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
250 jobs
Number of planned job losses
Job loss
Announcement Date
7 July 2003
Employment effect (start)
1 July 2003
Foreseen end date
1 July 2003

Description

The market of telecomunications is dealing with a huge crisis. This is why Siemens is to reduce its Spanish staff by 250. Siemens is restrucuting its production chains all around Spain.

Sources

  • 7 July 2003: El País

Citation

Eurofound (2003), Siemens, Internal restructuring in Spain, factsheet number 60147, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60147.