EMCC European Monitoring Centre on Change

Siemens Program and System Engineering

Company/Organisation:
Siemens Program and System Engineering

Geographic Location

Country: Austria

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 3200
Group: Siemens

Employment Effects

Announcement Date: 01-09-2003
Planned Job Reductions min: 100
Planned Job Reductions max: 300
Type of Restructuring: Internal restructuring

Additional Information

Due to the weakness of the telecom market and to the high salaries costs, Program and System Engineering needs to be restructured. The management is currently discussing with the board about solutions (early retirement, part time working, dismissal).