$ 6bn profit 17 000 FIRED; no corruption no business.

uploaded by SOLARLIFE July 8, 2008 at 06:30 am
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$ 6bn profit 17 000 FIRED; no corruption no business. by SOLARLIFE

 

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solarlife

Peter Loscher Siemens, elctronic german dinosaur to shrink.
$ 6bn profit 17 000 FIRED; no corruption no business.
Well this is Schumpeter Havard live, constructive destruction.

The sub-prime crisis hit the Big guys. Using big companies
like Siemens only to cover wild speculation on stock markets
currency markets and corruption utility bribe orders the
cash suit case managers are finished. Now they are confronted
having no real innovative business any more, to fire everybody.
This is good news for the new Industry starters, the big ones
failing to generate income  with same cash problems but 10 times
more administration to feed and no innovation.

Read more, sorry original text in french
Yahoo News

 

Siemens, l'un des premiers employeurs d'Allemagne avec quelque 130.000 salariés dans le pays, emploie au total 400.000 personnes dans le monde.

Mardi, le gigantesque conglomérat a confirmé des chiffres qui circulaient déjà dans la presse depuis quelques jours, au grand dam des représentants du personnel.

Au total, sur les 16.750 suppressions d'emplois prévues, 5.250 concerneront l'Allemagne. Des postes de cadres seront concernés.

La très grande majorité de ces emplois, soit 12.600 postes, seront supprimés dans l'administration et les services de gestion, a indiqué le grand groupe technologique allemand dans un communiqué.

 

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Title: $ 6bn profit 17 000 FIRED; no corruption no business.
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Created: Tue, 07/08/2008 - 6:30am
Modified: Tue, 07/08/2008 - 6:30am

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