Reportedly preparing to spin off its IT division in the fall of 2010, tech giant Siemens is downsizing 2,000 jobs in Germany and plans to eliminate another 2,200 technology jobs globally by 2011.
– Engineering and industrial-technology conglomerate Siemens
announced March 18 it will lay off 4,200 employees in the IT division, in what
some news sources are claiming is preparation for an IT division spinoff. Siemens
said it plans to invest $500 million euros in SIS, its IT solutions and
serv…
Posts Tagged ‘industrial technology’
Siemens Plans 4,200 Layoffs from IT Division
March 19th, 2010 |
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