It is now official. The German industrial conglomerate Siemens announced, on February 26, 2008, 3.800 job cuts worldwide, about 2.000 of which in Germany, within the business communications subsidiary Siemens Enterprise Network (SEN). In addition, Siemens plans to cut another 3.000 jobs at SEN, 1.200 in Germany, through sales or partnerships. (Ref. 080162)
The German electronics giant, still trying to sell its unprofitable SEN division (specialized in corporate telecom solutions), explained that these restructuring measures became necessary because of the evolution in telecom technologies. They aim at transforming the unit from a hardware supplier into a software and solutions provider”.
A restructuring under Siemens’ control. However, the industrial group, which learned the lessons from the “BenQ disaster” (see our article No. 06964), wants to re
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