Tuesday, February 26, 2008

Siemens cutting 6,800 jobs at SEN

The unit will abandon its manufacturing operations and be transformed "into a software and solutions provider", according to a statement from Siemens.
The jobs represent about 40% of its total headcount.
Of the jobs affected, 3,200 will be in Germany, with the rest spread around sites in Argentina, Brazil, Chile, Colombia, Ecuador, Greece and Peru.

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