Siemens announces 4,200 job cuts

3,500 UK IT staff face uncertain future

Siemens has announced the cull of 4200 jobs worldwide from its IT business.

The company said that 2000 of the job cuts will be in Germany, but did not provide a breakdown for the UK. The cuts will be made by the autumn of 2011.

A spokesperson for the company said that around 3500 workers are employed in the Siemens IT Solutions and Services (SIS) division in the UK. The company employs around 35,000 people in its IT business worldwide.

In a statement, Siemens said it would "exhaust all possibilities for voluntary measures" when making the job cuts.

"Measures will include, for example, the termination of employment contracts by mutual consent or the non-renewal of temporary contracts," the company said in a statement. It added that staff consultations will start immediately.

Siemens also announced that it would invest "more than 500 million" by 2012 into SIS, which it plans to turn into a separate business entity by October. The company said that the SIS organisation will be "considerably simpler" in the future.

Siemens' IT division currently comprises seven business units. However, the simplified structure means that SIS will comprise IT outsourcing and a solutions business that will combine IT systems integration services with industry-related IT solutions, such as those for the company's Energy, Industry and Healthcare sectors.

A spokesperson for Siemens said that she did not know what the effect would be on Siemens' work at the BBC, one of its largest UK contracts. The results of a ballot on strike action by BBC IT service contractors employed by Siemens is expected tomorrow.

In its latest financial results, Siemens reported that cost-cutting initiatives had helped improve its profits. Its Q4 2009 results showed a year-on-year profit increase of 24 percent to 1.53 billion (£1.36 billion).

Siemens has so far cut 23,000 jobs across all its business divisions.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags job cutssiemens

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Anh Nguyen, ComputerworldUK

Unknown Publication
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?