Spanish and British workers worry as more redundancies announced by Siemens

SPANISH and British employees fear redundancies announced by Siemens could affect some of the 3,400 Spanish and 14,000 UK workers the company employs.
The German engineering giant has confirmed 4,500 jobs worldwide are to be slashed as part of its cost-cutting scheme after 7,800 redundancies were announced in February.
Although 2,200 of the jobs are expected to go in Germany, the company declared it was unable to provide information on where the rest would be.
“We cannot disclose any details,” a spokesman said, explaining that affected staff would be informed first.
The UK and Spain are just two of 200 countries where the company has staff.
Siemens, which reported profits had fallen by five per cent in the first three months of the year compared to the same period in 2014, said: “These measures are being taken in response to the persistently difficult environment in the global power generation market.”

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    • Mike Walsh

      08 May 2015 • 06:50

      Another casualty of US inspired sanctions against Russia to protect US hegemony?

      Reply

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