EMCC European Monitoring Centre on Change

Siemens IT Solutions and Services

Company/Organisation:
Siemens IT Solutions and Services

Geographic Location

Country: European Union
Location of affected unit(s): Germany

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Group: Siemens

Employment Effects

Announcement Date: 14-12-2010
Planned Job Reductions min: 1750
Planned Job Reductions max: 1750
Type of Restructuring: Merger/Acquisition
Employment Effect Start: 31-12-2010

Additional Information

On December 14th, Siemens IT Solutions and Services announced its intention to reduce its workforce by 1,750, including 650 in Germany, to prepare for integration with Atos Origin. This follows an announcement from Atos Origin and Siemens of their intention to form a global strategic partnership. Siemens will support Atos Origin in taking the necessary steps in integrating with Siemens IT Solutions and Services, in order to generate substantial synergies in the near future. Siemens has agreed to contribute up to €250 million to the integration and training costs.