Siemens recent layoff announcement offers employees $22mil of severance pay and upwards of $77mil in restructuring packages. Siemens Healthineers will RIF employees through July.
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More to come. Siemens wants out of U.S. Market as recession looms and policymakers are making waves for a rough economic future.
Severage packages were sent out to all eligible employees back in December. That's all done at this point. Layoffs are next
Anyone know who is getting severance vs. package deal?