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Provider: Reuters Investment Profile
Provider: MacroRisk Analytics/EconomicInvestor
Provider: Zacks Investment Research Inc.
Provider: Zacks Investment Research Inc.

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Gigaset AG to Set Up Three Business Units; to Cut Jobs

Tuesday, 14 Aug 2012 09:46am EDT 

Gigaset AG announced that it presented to employees and employee representatives its program aimed at increasing efficiency and cutting costs by at least EUR 30 million a year. The Company plans an organizational setup with three entrepreneurial Business Units. The efficiency program envisages not only cutting non-personnel and service costs, but also reducing the total workforce from almost 1,700 to around 1,350. 

Company Quote

-0.0020 -0.20%
16 Apr 2014