Siemens readies deeper job cuts on soft quarter
Article Abstract:
Siemens AG announced that it is laying off an additional 2,000 employees at its communications networks unit. In April 2001, the company announced up to 6,100 job cuts as a result of lower-than-expected 2001 second-quarter figures.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Siemens has plans to eliminate 2,000 positions in IT unit
Article Abstract:
Siemens AG is planning to layoff 2,000 employees at its business services division after 2002. The company has already announced 10,200 layoffs in the division in 2001.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Siemens announces further job cuts at struggling ICN, wireless divisions
Article Abstract:
Siemens AG intends to lay off 7,000 additional employees in two communications units and close some factories in order to try to return to profitability.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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