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Alstom to cut up to 1,300 jobs in Germany in restructuring drive -Breaking

by Mike Robinson

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© Reuters.

MUNICH (Reuters) – French practice maker Alstom (PA:) plans to chop as much as 1,300 of its roughly 10,000 jobs in Germany over the following three years as a part of a restructuring after the acquisition of Bombardier (OTC:)’s rail unit, a spokesperson for the corporate stated.

Manufacturing of trains in Germany, the place Alstom has its largest workforce, is to be shrunk and partly moved overseas, the spokesperson stated on Friday, confirming feedback by labour union IG Metall.

On the similar time, the corporate will create 600 to 700 new jobs in signalling expertise and the software program enterprise, the individual stated.

Alstom, which makes trains and signalling techniques for city and regional rail networks, stated some vegetation in Germany have been structurally underutilised and that it aimed to combine manufacturing extra carefully into its European community.

It goals to hold out the redundancies in a socially accountable method, through inner transfers, re-training, early retirement or severance packages, it stated.

IG Metall, which opposes Alstom’s plans to chop jobs, stated the plan would notably have an effect on websites in japanese Germany, with 350 to 450 of the job cuts to hit Hennigsdorf exterior Berlin and 300 to 400 Goerlitz.

The brand new jobs could be primarily in Mannheim and Braunschweig in western Germany in addition to in Berlin. Alstom’s website in Kassel won’t be affected, it stated.

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