The Local Germany

Volkswagen set to cut up to 7,000 jobs

Wed, 13 Mar 2019 10:31:28 +0100

German automaker Volkswagen said it would eliminate up to 7,000 jobs by 2023 as it seeks to accelerate its transition to electric vehicles, although the cuts should be achieved via retirement offers.

Siemens to cut 2,000 German IT jobs

Wed, 04 Aug 2010 18:58:00 +0200

Industrial giant Siemens said on Wednesday that it would cut 2,000 jobs in its German IT solutions and services (SIS) unit, part of a broader programme initially unveiled in March.

Siemens to cut 1,000 jobs in spin-off

Wed, 17 Mar 2010 10:04:00 +0100

The German industrial group Siemens will cut at least 1,000 jobs as it restructures its SIS information services unit with an eye towards listing it on the stock market, a press report said on Wednesday.

AOL shuts down German operations

Tue, 12 Jan 2010 12:26:00 +0100

The venerable US internet services company AOL is closing its offices in Germany after 15 years, a spokesperson told branch website Meedia.de late on Monday.

Deutsche Bahn to cut 14,000 jobs

Mon, 14 Dec 2009 11:58:00 +0100

German national rail provider Deutsche Bahn plans to lay off some 14,000 employees in the next five years, daily Der Tagesspiegel reported on Monday.

Lufthansa losses spur huge savings plan

Thu, 16 Jul 2009 15:47:00 +0200

German airline Lufthansa is planning to lay off 20 percent of administrative employees as part of a massive programme to reduce costs by €1 billion each year, daily Handelsblatt reported on Thursday.

Siemens cutting more workers' schedules to save cash

Fri, 27 Mar 2009 10:00:00 +0100

German electronics giant Siemens has announced plans to increase the number of workers on part-time schedules to save money during the recession.

German software giant SAP to cut 3,000 jobs

Wed, 28 Jan 2009 11:16:00 +0100

Germany’s largest software company SAP said on Wednesday it was expecting a difficult year in 2009 and would cut some 3,000 jobs.

Siemens backs away from huge German job cuts

Sat, 19 Jul 2008 14:43:00 +0200

Siemens appears to be backing away from huge job cuts in Germany announced earlier this month, according to a report in the Süddeutsche Zeitung.

Siemens reportedly planning 6,400 layoffs in Germany

Sat, 28 Jun 2008 14:00:00 +0200

Engineering giant Siemens is planning another huge wave of layoffs in Germany with some 6,400 jobs to be cut, according to daily newspaper Bild.

Wave of German layoffs 'not a sustainable concept'

Sun, 02 Mar 2008 09:39:00 +0100

Several German companies laid off thousands of workers last week, causing widespread controversy in the light of many of the companies' robust profit margins. Officials say they are baffled by the trend.

BMW cuts 8,000 jobs

Wed, 27 Feb 2008 17:12:00 +0100

German automaker BMW has announced it will cut some 8,000 jobs, despite the company's ample profits.

Siemens to cut 3,800 jobs worldwide

Tue, 26 Feb 2008 11:30:00 +0100

Siemens is cutting thousands of jobs as part of a major restructuring effort. Up to 2,000 layoffs will be in Germany alone.