SIEMENS DX CONTINUES LAYOFF SCHEDULE

Siemens DX is far from ending its employee layoff schedule and it's rumored most sites will once again be hit before end of 2012.
USA-Sacramento was just hit and we in the UK were told pending layoffs will start here by next week.
The madness continues.

Does 1400 also include sales

Does 1400 also include sales guys from CX? Some were just let go last month.

Thank you. That confirms my

Thank you. That confirms my last post ... unfortunately for those who don't work in LA and for some reason, felt safe.

LA = less than 200 (and a

LA = less than 200 (and a handful of temps).
If US gets hit with majority of 1400 you can expect east coast to shoulder majority of burden.

"The next round of layoffs

"The next round of layoffs will be to close LA. So nothing will happen to the other sites."

Nice try. LA should be closed. There seems to be little debate about that other than the few recalcitrants clinging to hope and the belief they will be eternally essential to Siemens. However, based on information that has been posted here, there is not sufficient residual headcount in LA to meet the target of 1200-1400 for the year meaning that people from other sites will have the burden of working for Siemens lifted from their shoulders as well. Siemens has already shown that it either has no idea of who the truly essential people are in its organization or that they simply don't care or believe that any one person is essential. So I would suggest that everyone be prepared, with the possible exception of people in the mail room or the janitorial staff (after all, cleaning the bathrooms really is essential).

The next round of layoffs

The next round of layoffs will be to close LA. So nothing will happen to the other sites.

Lots of rumors flying around

Lots of rumors flying around Tarrytown and Glasgow regarding the next round of layoffs.
Can anyone be more specific? It's so close to the end of the year so with respect to the 1400 pending layoffs does anyone have some information already.
.

Lots of rumors flying around

Lots of rumors flying around Tarrytown and Glasgow regarding the next round of layoffs.
Can anyone be more specific? It's so close to the end of the year so with respect to the 1400 pending layoffs does anyone have some information already.

9/4/2012 What is happening @

9/4/2012 What is happening @ Tarrytown Siemens ?

I got downsized in 1992 , self employed since 1994. Haven't made much money but it has been a lot more fun and do not have to put up work place politics. Which I never was any good at.

LHR

Then this is another reason

Then this is another reason Siemens should take the 26week cap off the package.

What's going on at Glasgow?

"I think it's fair to say

"I think it's fair to say neither candidate will cut extended unemployment benefits for the present time......"

If you are saying that they will not cut extended unemployment benefits past the 26 weeks, I think you are misleading people. Those still collecting past 26 weeks were laid off when Federal extensions still applied; they no longer do. If you are laid off anytime from tomorrow, and on any date after tomorrow, you qualify for only the standard 26 weeks of unemployment (or less). The extensions only apply to those already collecting and who qualfied months ago for the extensions. Repeat, anyone getting laid off from today's date and later on will only get a max. of 26 weeks of unemployment, and there are no further extensions for you to qualify for; they are long gone. So are extended Cobra coverages, you will only get what historically has been the norm. Be careful out there, because what you are hearing about extended benefits are no longer even availble for you to qualify for. I just hope this helps those who may get laid off soon, so they can brace for what they are going to get as benefits. Please be careful of what others say you can get, as they may not be up to the current situation w/ benefits.

So you are saying that

So you are saying that Siemens is not keeping up with competition
END QUOTE

Chiming in.
They aren't even coming close. Each quarter more customers leave for other companies.
Agenda 2013 is simply a Siemens "lower cost" strategy play to attempt a sway back. Well, customers aren't stupid and once you lose them they "rarely" if ever come back.
True, each quarter will have its fiancial ups and down but you need to look at the whole picture. If you take into account what Siemens six years ago expected to be making now then the small gains made last quarter were actually pennies on the expected dollar.
Agenda 2013 is simply a damage mode strategy in an attempt to push old instruments and technology out the door.
At best this is simply a short term fix.

DX as a business keeps

DX as a business keeps growing yearly.
Yet siemens business, marketshare,dollars and employees, is what is shrinking.
-----
So you are saying that Siemens is not keeping up with competition. Then yes you are right "play book" guy-Siemens will do standard plays to keep pace. Standard plays won't get them ahead. Probably need to follow Bain play book at some point. Good luck all!

You're wrong. The state of

You're wrong. The state of GA does not give full unemployment benefits anymore because of a former employee of this company's awful family.

They asked for this to happen in the 70's knowing they would never live there but, this company refuses to believe one of their employees was this well connected starting as an infant.

And remember Ted Turner's d'day video? It's of that brunette watching cartoon's with no tv on videotaped for the federal government and all of Hollywood. And that's not all she can do.

Well, considering the state

Well, considering the state of the economy, increasing unemployment, still too few jobs and an upcoming election I think it's fair to say neither candidate will cut extended unemployment benefits for the present time.
Still 26weeks isn't bad.
If Siemens was serious (tongue in cheek) about having employees consider early retirement they need to do only one thing.
Remove the "cap" on years of service payout. It would make unemployment a moot point. I have several long term employee friends here at Tarrytown who would definitely consider the option if it ever was offered again. I say "again" since the first layoff group a few years ago had a "capless" package which now no longer exist.
To be honest, I don't think Siemens cares about these employee's and they just seem to be going through the motions and ready, once again, to clean house.

Correct Unemplyment is only

Correct Unemplyment is only 26 weeks unless you live in Georgia who lowered it this year to 20 weeks so they can pay back the Ferderal Gov. the money they got for extended benefits.

Do not assume that if you are

Do not assume that if you are laid off that you can collect up to 99 weeks of unemployment. You are entitled to 26 weeks of unemplyment if you are laid off, as that is the standard benefit from unemployment insurance that everyone pays. But that is a benefit that was extended (beyound 26 weeks) only because of the recession and Obama's stimulus money. That was a Federally funded extension that was not paid for by insurance, and I believe the cutoff point has already passed, meaning anyone laid off from this date forward does NOT qualify, so since there is no Federal money for extended benefits from this point on you will only get 26 weeks, and only if you get laid off not if you voluntarily leave.
I am 99.9% sure that I am correct but of course further extensions could be granted. However with the deficit the way it is and more stimulus money spending being a political liability, due not expect any more unemployment benefits. Assume you will get 26 weeks max. Further, those laid off during the recession got extended Cobra heath insurance coverage for many months after the normal (6 months, I believe)extension of coverage. This extended Cobra coverage is also not availble for those being laid off from this point on, so be very careful and find out exactly how much coverage you will get. What you heard others getting previously is NOT what you will be getting from now on; the Federal stimulus money is long gone.

Nonsense! How'd you think LA

Nonsense! How'd you think LA people expect to be laid off? And how'd you think you have enough time to find another job?

Why everyone's so panic? I

Why everyone's so panic? I think all of us can sleep tight except folks in LA (of course, they're expecting this). Siemens managers are mentally and technically not able to close anything in a year, which give us enough time to find another job. Enjoy your holidays.

That's just crazy then. I

That's just crazy then. I can't think of any reason that anyone would retire/resign voluntarily with no benefits at all. The only exception might be someone who plans to retire at the end of the year and agrees to retire at the end of October for the noble purpose of saving one of his fellow workers' job. It wouldn't be the first crazy thing that Siemens has done since acquiring DX. What a sad excuse for a management team.

As with the last layoff

As with the last layoff schedule, no additional benefits were added to those for voluntary early retirement.
I wouldn't count on unemployment benefits either if you voluntarily leave. You would lose two years of benenfits. As far as extending the package of 2weeks pay/year of service with 26week cap...not going to happen. Currently the 26week payout is in place as it was for the last two layoff schedules.
Unless you have another job in place it would be best to stick around awhile longer and get the full package (as bad as it is).

Before you reject the idea of

Before you reject the idea of volunteering to be laid off (assuming this option is even offered), find out if there is any bonus for volunteering. It is not unheard of for a company to extend ones severance pay which may add up to more than you would get from unemployment. Also, find out if you are covered for medical and other insurance during the severance period, and add that into any extension you might be offered. And depending on the State that you're in, you may be able to get unemployment insurance, perhaps after the end of the severance period. It would be up to Siemens to oppose it and I doubt that they would.

Whatever the case, the point here is to get all of the facts first before you make a decision. If they just want you to volunteer to retire (no severance or extended benefits), then you're right. That's completely crazy. No one in their right mind would do that. Make them do the work and pay some severance. And if it makes it easier for them to meet their layoff headcount to have people volunteer, they should pay a bit more for that ease.

_________________

Whatever number they were talking about laying off, my guess is that they intend to complete the tast by the end of their fiscal year which I think is earlier than December 31.

Does anyone know if the 1400

Does anyone know if the 1400 Healthcare layoffs in the FOX article included the 1200 listed last year or is this an additional 1400 scheduled before years end?
We still haven't heard anything at Flanders regarding a layoff schedule or optional early retirement packages.
Early retirment packages do not include Unemployment benefits so who in their right mind would take it anyway.
Right now I'm assuming they want to clean house before end of December.

DX as a business keeps

DX as a business keeps growing yearly.
Yet siemens business, marketshare,dollars and employees, is what is shrinking.
'Follow the playbook'.
That will take care of everything.

DX should not be shrinking,

DX should not be shrinking, especially in developed countries. As the population of these countries ages, testing volume increases. With more people being covered by medical insurance, testing volume will increase. As economic conditions in developing countries improves, testing volume should increase as well. If Siemens is losing sales, then they are losing market share.

No fun to work in a shrinking

No fun to work in a shrinking business. Is entire market shrinking or is Siemens losing marketshare?

40 people will be let go in

40 people will be let go in Marburg, purportedly being offered early retirement

Not quite as simple as that.

Not quite as simple as that. Bain probably added real value to many companies, but at a price. They probably did alot of their 'business' through tax laws and taking advantage of loopholes, preferences, knowing into exactly what category every expense should be put. Make no mistake about it. Bain was highly professional and did nothing illegal. The big issue with Bain is whether the things they did to make massive profits and, in some cases, turn companies around so they could be sold off (or taken public), including the cost in jobs, pay, and benefits were ethical. That's an individual judgment and in this case there is no right and wrong opinion. But without all of the facts about Bain, it's really hard to make a good judgment.

So basically Bain Capital put

So basically Bain Capital put lipstick on a pig and sold it to rubes?

Promotional video to be

Promotional video to be available 2017 ... complete with a background of calypso music ..... pina coladas are extra.

Trinidad, 2018

Trinidad, 2018

There are minor updates to

There are minor updates to systems which don't require much effort other than demonstration of substantial equivalence. There are major updates which require most major disciplines within R&D. If the new system is a minor update, then I would have thought it would have been shown in some form at AACC this year. Since it was not, I can only assume there are major changes which will require a multi-disciplinary team. As for the idea of contracting alot of the work out, there is still a need for technical coordination and, working with multiple contractors is often more difficult than doing it in-house if for no other reasons than the various contractors have their own agenda, when problems arise the finger pointing is worse, and good communication become much more critical and difficult.

Without being on the inside, it's hard to know what Siemens is up to now, but the fact that there is very little word out among customers suggests that there new system will not be available for several years.

So by your logic and supposed

So by your logic and supposed facts - R&D can be almost completely axed and the work conracted out (assuming it's been documented)?

You are assuming they intend

You are assuming they intend to develop a new system good sir :-)

Most of the teams I know are simply expanding on legacy systems, even if they look new, they're just ported software - non obsolete circuits - and fancy new plastic mouldings.

How much of R&D can Siemens

How much of R&D can Siemens lay off before they lose the critical mass necessary to complete the development of their new system? Having never developed a system of this complexity, they probably have no clue as to what kinds of talent and teamwork are necessary.

Any numbers on R&D and sales

Any numbers on R&D and sales cuts, and dates?

Re Bain... Nice - the dark

Re Bain... Nice - the dark side of Capitlism?

R&D and Sales wil be hit

R&D and Sales wil be hit first

Bain sucked money, including

Bain sucked money, including employee pensions, out of Dade, then left them for dead, deeply in debt, to fend for themselves in bankruptcy court.

Basically a combination of

Basically a combination of things. They cut Dade to the bare bones, took them through a (manipulated) bankruptcy, sold off some of the parts, made strategic acquisitions, and started work on a new and promising system and started to build up staff again. They built it back up to a point where the future looked bright and attractive to the investors to whom they finally sold Dade. It's the basic recipe used by Bain and others. There are probably online articles about how companies like Bain work in general and you can probably get better answers there that are less about Bain in particular and more about how their industry works.

Just wondered how Bain made $

Just wondered how Bain made $ for shareholders - by sucking the value out of Dade like a vampire - or by creating a product of value to the market and the world.

What do you mean by value?

What do you mean by value? Would worldwide healthcare be any worse off if all Dade products were replaced with competitive products overnight? Probably not. There is much parity among the leaders in DX (Roche, Beckman/Danaher, Abbott, and Siemens). Products generally overlap in capability and, for the most part, assay performance is fairly similar. The big advances in DX occured long before Bain appeared on the scene ... automation, per se, radioimmunoassay evolving into enzymeimmunoassay, profiles (SMA and SMAC), random access, large menus. More recently, the industry has tended to focus on things like cost, ease of use (as technologist-system operator skill levels have decreased), and reliability.

So while it would be hard to say that Bain added value to the world of DX, the same could easily be said about the major competition over the past two decades.

Did you have something else in mind when you inquired about Bain adding value?

"Here Here. This person will

"Here Here. This person will probably be in Charlotte next week."

The preceding message comes to y'all from Tampa.

You just can't handle the truth, can you? This is about Bain and not necessarily about Romney. This is exactly how Bain and other companies like it made money. Unlike governments, Bain was created to make money for its investors and did not derive its power from the people who worked for them, nor did it have to answer to the employees. They did all of the right things to carry out their mission. Nothing illegal mind you and each individual can judge the morality of Bain's business practices for themselves. (If you wish to understand why the American government was created and what it is expected to do, I refer you to the Preamble of the Constitution which pretty much covers it all in 6 or 7 broad categories. Give it whirl with an open mind sometime, friend.)

These are just simple facts, you know. If you want to deny facts because they don't fit with your preconceived political views, that's your business. I am confident the other patrons of this thread will recognize your motivation.

Ouch. How exactly did Bain

Ouch. How exactly did Bain make so much money on Dade? And did Bain give anything of value to the world?

Here Here. This person will

Here Here. This person will probably be in Charlotte next week.

From TheStreet.com June

From TheStreet.com June 15, 2012

"• Dade Behring: Bain Capital invested $415 million in a leveraged buyout in 1994, borrowed an additional $421 million, and ultimately walked away with $1.78 billion. Dade filed for bankruptcy in 2002, and 2,000 workers lost their jobs."

Miami Herald: June 16, 2012

"The case of Dade Behring in Miami, where some 850 jobs were lost while Romney led Bain has been well-documented. But there’s a new wrinkle: The company under Bain’s leadership sought and received millions of dollars in tax breaks for creating jobs in Puerto Rico — shortly before closing its facilities, costing nearly 300 jobs."

Drudge Report (hardly a liberal media outlet): July 24, 2012

"It's become a familiar tale about Romney and Bain's business dealings. The New York Times reported that Bain pushed the profitable company into bankruptcy. The Miami Herald followed with its own chronicle of the mass layoffs and mass profits for Romney and company. So many Dade workers lost their jobs -- 1,700 in the United States, 850 in Miami alone -- that the Bain-Dade dealings have become a symbol of corporate bloodletting and a painful memory to those who witnessed the layoffs. Bain, of course, walked away with a huge profit. In 1999, the private equity firm grabbed $242 million after it pressured Dade to borrow more millions to buy up Bain's shares in the company."

From Wikipedia via Ask.com

"It's become a familiar tale about Romney and Bain's business dealings. The New York Times reported that Bain pushed the profitable company into bankruptcy. The Miami Herald followed with its own chronicle of the mass layoffs and mass profits for Romney and company. So many Dade workers lost their jobs -- 1,700 in the United States, 850 in Miami alone -- that the Bain-Dade dealings have become a symbol of corporate bloodletting and a painful memory to those who witnessed the layoffs. Bain, of course, walked away with a huge profit. In 1999, the private equity firm grabbed $242 million after it pressured Dade to borrow more millions to buy up Bain's shares in the company."

No comment necessary here.

No layoffs of Dade people by

No layoffs of Dade people by Bain? I think not. Ask the people who used to work in Miami what happened to their facility and them. You are right that I don't know all of the numbers, but I know the Bain practices quite well and the first step in the turn companies around playbook was to reduce headcount, a pattern they followed with many, if not most, of the companies they acquired. Bain was singled out here because of their relationship with Dade, but their tactics of laying people off are pretty standard in many other companies that are in the same 'business' .... the buying and selling of companies as if they were commodities. Cooper did a similar thing with Technicon, Carl Icahn did it with TWA, and the list goes on and on.

Me thinks your response was more motivated by politics than by objectivity and facts.

"From a strictly investment

"From a strictly investment point of view, those layoffs need to happen and they need to happen now. Bain Capital understood this concept very well which is why they made a big profit from their brief ownership of Dade. Hard to figure out why Siemens can't follow the same hardnosed, all-American recipe for success."

You are showing that you know nothing of the dade/bain relationship.
There were no layoffs.
They made very short term decisions like raising the transfer fee for instruments to outrageous heights which meant that in five years when the customer was ready for a trade they couldn't do it because they owed too much on their lease. It also made it difficult to be competitive as the cost was too high.

Don't comment on issues you have no knowledge of.

"Because socialism has a soft

"Because socialism has a soft squishy, nose. ;o)"

Americans are totally paranoid about the word 'socialism'and, yet, don't really have a clue about what it is. The word itself has been used as a scare tactic since the 1920's by the right wing in America, even for things that are completely foreign to socialist concepts. It's amazing for someone to call a giant corporate capitalist entity as socialist. I'm waiting for the next person to refer to Bain Capital as socialist in some way. Can you even explain the differences between socialism, collectivism, communism, or social democracy?

Sorry, but Red Herrings don't scare me.

I think the reason DX talks

I think the reason DX talks much more than walks is because most of, if not 100% competent and smart managers and employees including Germans that can actually do the walk were long gone. What we have now at DX are a bunch of paycheck to paycheck worker ants with no vision, creativity, or commitment and yet they can't fool any other employers to offer them the similar jobs, so they all became the parasites on the huge Siemens trunk until it breaks.

"Hard to figure out why

"Hard to figure out why Siemens can't follow the same hardnosed, all-American recipe for success."

Because socialism has a soft squishy, nose. ;o)

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