Germany - Giant job losses at Siemens - November 30, 2017

Industrial conglomerate Siemens announced thousands of job cuts worldwide, most of them in its fossil fuels division. The trade unions have reactive immediately and received backing from (certain) politicians. A total of 6,900 workers are set to lose their jobs, around half of them in Germany, where Siemens also plans to close sites in the country's economically weaker east. Trade union IG Metall Further has warned that site closures and layoffs will be met with ‘creative forms of resistance’, whilst the workers representatives have announced to resist job cuts, referring to the flourishing annual results.

Read on: in English …

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