EMCC European Monitoring Centre on Change

Siemens

Company/Organisation:
Siemens

Geographic Location

Country: Germany
Location of affected unit(s): Bocholt, Voerde, Herne, Mussum, Vreden

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Group: Siemens

Employment Effects

Announcement Date: 27-08-2012
Planned Job Reductions min: 500
Planned Job Reductions max: 500
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-09-2012
Foreseen End Date: 31-12-2016
Other Job Reduction Measures: 500

Additional Information

Siemens agreed with the works council of its gear unit division on a reduction of 500 jobs until 2016. While the sites in Herne and Vreden are being closed, production will be concentrated at the sites in Bocholt, Voerde and Mussum.

Part of the agreement with the works council is that there will be no direct dismissals. The job cuts will be realised by way of partial retirement, voluntary redundancy and by natural attrition. The company stated that these job reductions are part of a variety of cost reduction plans.