Siemens Dematic Announces Layoffs

May 16, 2003
| By Katy Rent |
Text Size:
GRAND RAPIDS — Siemens Dematic announced this afternoon that effective today it will eliminate 82 salaried positions at its offices and manufacturing facilities throughout the United States.

The positions are in administration, finance, manufacturing support, project management, logistics, engineering, information technology, marketing and sales. The majority of those losses come from West Michigan, but other regional offices will be affected as well.

Today’s action follows the elimination of 25 hourly positions in Birmingham, Ala., earlier this month and 125 hourly manufacturing positions earlier this year in Grand Rapids.

Siemens officials said the layoffs reflect a global restructuring initiative to evaluate the performance of all business units and to strengthen those operations.

Company officials said market conditions contributed to the layoffs.

“Our employees have been very supportive throughout the last year as we have seen a number of fluctuations in our product demands and changes in our industry and our company. Their support of the company makes this decision that much more difficult. We hope that the economy will improve and that we will return on a growth course,” read a company statement.

Siemens said outplacement services and severance packages will be offered.

“It is a difficult economic environment for our business. While we’ve won a few significant contracts our capacity is greater than our demand right now and so we must adjust our operation to the level of business we have. While we cannot predict the future, our over 63-year history tells us that the economic environment will improve, as will our business.”           

Recent Articles by Katy Rent

Editor's Picks

Comments powered by Disqus