SIEMENS “TO LAY OFF 1,100”

Siemens aims to cut 1,100 jobs, 700 in development, 400 in Communications & Data Systems, says Suddeutsche Zeitung. It quotes the works council as saying the reductions, by voluntary redundancy where possible, will be in the Munich area. Recessionary signals – page 3.

Siemens aims to cut 1,100 jobs, 700 in development, 400 in Communications & Data Systems, says Suddeutsche Zeitung. It quotes the works council as saying the reductions, by voluntary redundancy where possible, will be in the Munich area. Recessionary signals – page 3.