Siemens Eliminates 2,000 IT Jobs in Germany

Part of restructuring of the SIS division announced in March that included the elimination of 4,200 jobs worldwide

Siemens said on August 4 that it would cut 2,000 jobs in its German IT solutions and services (SIS) unit.

The company and worker representatives have reached agreement on how to implement the decision "in a socially responsible manner," a statement said. Offers would be made "for the voluntary termination of employment, ranging from partial early retirement to employment termination agreements,"the company added.

The group also planned to propose internal reassignments and continuing education.

The decision is part of a broad restructuring of the SIS division announced on March 18 that included the elimination of 4,200 jobs worldwide.

Siemens said then that it would restructure the unit around two poles of activity -- business information technology solutions and IT outsourcing.

Siemens has already spent around 500 million euros (US$660 million) to restructure other divisions and has slashed 23,000 jobs. At the end of last year, its workforce totaled 405,000 worldwide.

On June 30, Siemens said it had resumed full-time work schedules at German sites owing to a pick-up in demand.

Copyright Agence France-Presse, 2010

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