Restructuring events
European Restructuring Monitor (ERM)
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.
Siemens Communications, which already did shed 1,500 jobs in 2005/2006, announced to cut another 1,000 jobs in Germany. Further job cuts in 2006/2007 will predominately affect blue collar workers at the assembly lines and in maintenance.
Additionaly, a yet unknown number of jobs in adminstration, distribution and development will be affected by further jobs cuts following the merger of Information and Communication Mobile (Siemens ICM) and Information and Communication Network (Siemens ICN).
Siemens Business Services (Siemens SBS) continues its programme to cut 2,400 jobs in Germany and 3,000 internationally.
Eurofound (2006), Siemens Communications, Internal restructuring in Germany, factsheet number 63431, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63431.
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