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Siemens ends reduced working hour schemes at all locations in Germany - Key interim measure served purpose – Number of employees in Germany stable during the crisis

Munich, Germany, 2010-Jul-30

Siemens is ending all reduced working-hour arrangements at its facilities in Germany. "The German government's provision to extend funding for reduced working hour schemes helped us weather a difficult economic phase," said Walter Huber, head of Human Resources for Germany. "The show of unity on the part of politicians, trade unions and the company enabled us to keep our employees' expertise at the company. Now demand is on the rise again, and we're ideally equipped in terms of personnel," Huber continued.

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