The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
600 jobs Number of planned job losses
Announcement Date
6 August 2007
Employment effect (start)
6 August 2007
Foreseen end date
Description
Siemens has announced plans to cut 600 jobs at its affiliate Siemens Enterprise Communications in Germany. The affiliate provides communications solutions for companies of all sizes, and employs 6000 across Germany. The need of the subsidiary to cut costs is the reason behind the job losses. There is as yet no more information on when the job losses will be implemented by.
Sources
7 August 2007: Sueddeutsche Zeitung
7 August 2007: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2007), Siemens Enterprise Communications, Internal restructuring in Germany, factsheet number 65682, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65682.
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