Labor union warns Siemens over power restructuring

BERLIN/LONDON (Reuters) – A restructuring of Siemens (SIEGn.DE) declining turbines business could trigger labor unrest across the German industrial group, trade union IG Metall warned on Thursday as workers rallied in Berlin in protest over planned job cuts.

Siemens employees and union members protest with a banner that reads “Siemens = social responsibility” outside a meeting of the Siemens works council in Berlin, Germany, November 23, 2017. REUTERS/Hannibal Hanschke

Siemens said last week it would cut 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division that has been hit by the rapid growth in renewable energy.

The issue has leapt up the national agenda in the face of potential fresh electio…

Read the full article at: https://www.reuters.com/article/us-siemens-restructuring/labor-union-warns-siemens-over-power-restructuring-idUSKBN1DN1GU

Siemens said last week it would cut 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division that has been hit by the rapid growth in renewable energy.

The issue has leapt up the national agenda in the face of potential fresh electio…

Read the full article at: https://www.reuters.com/article/us-siemens-restructuring/labor-union-warns-siemens-over-power-restructuring-idUSKBN1DN1GU?il=0

Labor union warns Siemens over power restructuring – Reuters

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Labor union warns Siemens over power restructuring – Reuters

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