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Siemens to Cut 4% of Work Force

In a sign that the global economy is catching up with Germany, Siemens said that it would cut 16,750 jobs across its operations as it struggles to bolster profits.

Posted to partners.userland.com (Weblog) by partners.userland.com on 07-08-2008
Nokia to Pay $314 Million to Close German Plant

Nokia will also set up a “transfer company” to help affected staff for one year in an effort to soften the blow from its closure of a factory in Germany.

Posted to nytimes.com (Weblog) by nytimes.com on 04-08-2008
Nokia to Pay $314 Million to Close German Plant

Nokia will also set up a “transfer company” to help affected staff for one year in an effort to soften the blow from its closure of a factory in Germany.

Posted to partners.userland.com (Weblog) by partners.userland.com on 04-08-2008

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