Siemens DX is far from ending its employee layoff schedule and it's rumored most sites will once again be hit before end of 2012.
USA-Sacramento was just hit and we in the UK were told pending layoffs will start here by next week.
The madness continues.

How about giving MR and top

How about giving MR and top management who made some of these ill advised decisions the boot! Why is it always the lil guys. Skim the cream from the top of the froth.

Can't sell stuff, cut prices

Can't sell stuff, cut prices to get some wins so no margins, cutting jobs is the only way left to meet the High Commands profit demands.

They demand increased profits whilst giving nothing back, no new products, no new investment - just harder financial targets.

Admittedly still plenty of Latte froth to trim out the organisation yet, but sooner or later only thing left to cut is stuff that affects customers which kills sales even quicker. Start of the final 'Death Slide' seen it many times before.

Well, considering only about

Well, considering only about 1/2 of the layoffs announced by Siemens had taken place already I'd expect anywhere from another 600-800 by December.
Financially, DX returns have been quite dismal from inception. Yes, each quarter will have its up and downs but, to date, the overall cash return of DX for Siemens is something they continue playing down as much as possible. The AACC this year didn't exactly help the situation either. When Siemens CEO's talk about how well Healthcare is doing they're referring to IMAGING.
I fear things are going to get quite nasty with the additional layoffs coming for the DX Division. You might possibly also see one or two site closures as well. It's a possibility.
Consolidation is necessary. Redundancies need to be cut.
Long story short...yes, totally agree another wave of layoffs will hit before 2013.

Layoffs were announced last

Layoffs were announced last year and general numbers of people to go were presented. There was one round in the beginning of the year and almost everyone knew there would be additional layoffs as the year progressed. This should no surprise to anyone who's been paying attention to what Siemens management said last year. My guess is that round 2 is more or less in progress, but staggered to minimize any impact, and that round 3 will occur near the end of the year. The only remaining 'news' will be where the layoffs are, how many were laid off, and who they were.

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.