Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Düsseldorf; Mülheim an der Ruhr
Location of affected unit(s)
Mülheim
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

348 jobs
Number of planned job losses
Job loss
Announcement Date
31 August 2017
Employment effect (start)
31 August 2017
Foreseen end date
31 December 2020

Description

On 31 August 2017, the chairman of the works council of the German electronics and electrical engineering company Siemens at Mülheim, confirmed that 348 employees will be let go due to internal restructuring until 2020. Siemens will try to relocate most of them to other sites, but severance agreements will also be offered.

Initially announced in 2015, the job reduction in Mülheim was postponed due to a lucrative order in December 2015. Moreover, Siemens had already announced other job cuts in May 2017 (Siemens, 2017).

Siemens has approximately 4,850 employees in Mülheim.


Sources

  • 31 August 2017: WAZ (Online)
  • 21 December 2015: WAZ (Online)
  • 29 March 2016: Der Westen (online)

Citation

Eurofound (2017), Siemens, Internal restructuring in Germany, factsheet number 91837, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91837.