Siemens’ new Singapore factory on track despite move to cut 6,000 jobs globally
Tuas facility to open this year or next to better serve Asean markets; company cannot confirm whether Singapore staff will be hit by layoffs
[SINGAPORE] The impact of Siemens’ global job cuts on its Singapore workforce cannot be determined yet, as the German industrial giant is still deciding how the layoffs will be made across different locations.
On Tuesday (Mar 18), Siemens said that it would cut more than 6,000 jobs – about 2 per cent of headcount – worldwide, with most of the reductions made in its factory automation business. The rest will be in its electric vehicle charging unit.
The company is unable to confirm yet whether, or how, the workers in its Singapore office will be affected, a spokesperson for Siemens Singapore told The Business Times on Wednesday.
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