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too many attorneys and controllers

Siemens suffers from the same dis-ease that many other tech companies worldwide suffer from: too many lawyers and bean counters in top management.

Once this breed reaches top level, they tend to eliminate or squeeze out peers that have a technical background for various reasons.

Siemens is an engineering company at its heart but was ruled for some time by poeple like Heinrich von Pierrer who took advantage of the company for themselves and did not have a clue about engineering or technology.

Tech companies these days need a better balance in top management.

posted by : Fred_EM, 01 February 2010 Complain about this comment
those 840 won't go any place else

Thos 840 "cut" workers in Bad Neustadt won't go any other place but home. Some young ones may move to another city in Germany, but there are not too many production jobs left in Germany.

Most of the laid off people are regular production workers, they won't find another job other then voluntary guinea pigs for the pharmaceutical industry . I also would assume that they do not speak any other language than German. They'll be lost.

posted by : Fred_EM, 01 February 2010 Complain about this comment
The "cut" 840

at Bad Neustadt were mentioned in a TV story to ve simply transferred to another country, to be there "uncut".

posted by : kalkzone, 01 February 2010 Complain about this comment

Siemens cuts staff

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