« After three weeks of intensive exams, we reached the conclusion that it was about the only chance to keep the firm », said Martin Prager, the judicial liquidator, during a press conference in Munich. The site of Kamp-Lintfort in North Rheinland-Westphalia will be most affected by the sheding of 1100 jobs out of 1800. At the headquarters of the German subsidiary of the Taiwanese company BenQ in Munich, 850 out of 1300 jobs will be also cut. The R&D department is the most favored: out of 700 em
…Germany : BenQ Mobile cuts more than 1900 jobs
Three weeks after having filed for bankruptcy, the German mobile phones producer, BenQ Mobile (former phone division of Siemens) announced, on October 19th, 2006, that it wanted to get rid of two thirds of its staff, meaning more than 1900 employees out of 3000. The trade union IG-Metall and political leaders called on Siemens to support its former employees. (Ref 061047)
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