Internal restructuring
Location of affected unit(s)
Information / Communication
Information Communication Services
61 - Telecommunications

850 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2008
Employment effect (start)
8 July 2008
Foreseen end date


In July 2008, the Austrian Siemens Österreich subsidiary announced plans to cut 500 out of its then 8,000 jobs as part of the Siemens group current worldwide restructuring programme. On 26 September 2008, management and the works council agreed on a further redundancy programme affecting additional 350 employees. The redundancies will affect, in particular, the sales and administration departments across the country. According to the newspaper 'Der Standard', a social plan has been concluded, in order to carry out the necessary redundancies in a ‘socially acceptable’ way, by, for instance, providing severance pay schemes, early retirements, flexible part-time solutions for older employees, outsourcing and internal job rotation. Prior to the negotiations over a social plan, both the trade unions and the works council had said they do not understand the motives behind this restructuring, since the company has yielded profits for years.


  • 26 September 2008: Der Standard
  • 8 July 2008: Der Standard


Eurofound (2008), Siemens Österreich, Internal restructuring in Austria, factsheet number 66847, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66847.