Lincoln likely to escape huge Siemens job cuts
Siemens' Lincoln plant, which employs 1,500 people, is likely to be unaffected by sweeping job cuts announced by the German manufacturer.
Staff in Lincoln will be updated on the situation, but according to reports in the Daily Telegraph, the site is likely to escape compulsory redundancies as Siemens looks like to axe 6,900 jobs worldwide. The firm says the majority of the cuts will come in Europe and the US.
Siemens makes engine turbines in Lincoln and recently announced a £35m expansion plan to build a new operations centre o... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
