On May 1, Siemens AG wants to invest 35 to 49.9% of the capital of its Siemens VDO Automotive subsidiary into the stock market. IG Metall, which negotiates the preservation of collective conventions and wages, is nonetheless worried that the company will be directly sold to a competitor, which would have serious consequences on employment. (Réf. 070252)
2000 job cuts, 900 of which in Germany: this is what the “grooming” of Siemens VDO Automotive – subsidiary specialized in auto electronics and mecatronics – should cost, before the entry into the stock market of parts of its capital in May 2007. of course, the ghost of BenQ Deutschland – Siemens’ former cellular phone subsidiary – sold and liquidated after a year, is still hanging over Siemens VDO Automotive. This time, though, it is for another reason: the bride is too beautiful. Under pressu
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