Siemens to Cut 950 in German IT Unit - aftermarketNews

Siemens to Cut 950 in German IT Unit

German engineering giant Siemens plans to cut around 950 jobs in its information technology services unit SBS, which employs some 36,000 people worldwide and just over 16,000 in Germany, a group spokesman said Monday.

From Agence France-Presse

FRANKFURT — German engineering giant Siemens plans to cut around 950 jobs in its information technology services unit SBS, which employs some 36,000 people worldwide and just over 16,000 in Germany, a group spokesman said Monday.

The job-cutting plans, which were submitted to employee representatives last week, would affect only Germany, the spokesman said.

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