Siemens Austria Plans Radical Job Cut

IndustrialsIndustrial Goods ♦ Published: July 16, 2013; 18:26 ♦ (Vindobona)

The Austrian subsidiary of the German technology group wants to reduce its workforce.

Siemens Austria Plans Radical Job Cut / Picture: © Siemens AG

In total, about 500 workers will be laid off. This was announced by Siemens Austria´s management board today. Already in April, Siemens group explained that the workforce faces substantial cuts. Siemens Austria was expected to cut about 1,000 jobs. As a result, the job cut will be not as drastic as planned. This was reported by “Presse” today.

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