Siemens Response to Publication on Dresser-Rand's Staff Protests in Port-Harcourt, Nigeria

Press Release • updated: Apr 26, 2016
Siemens Limited writes in response to recent publications in the Nigerian dailies referring to workers protesting the move to sack employees of Dresser-Rand in Nigeria.

Lagos, Nigeria, April 26, 2016 (Newswire.com) - ​Changes in the global energy marketplace precipitated by the plunge in the global prices of crude oil have resulted in a reassessment of Dresser-Rand's global operations footprint. Following this, an agreement was made for Dresser-Rand to transfer ownership of its business to Siemens. This decision has necessitated the streamlining of management and administrative structures and the modernization of the Siemens, Dresser-Rand combined fleet.

 The impact of right-sizing decisions are always difficult and Dresser-Rand has been fair and circumspect in the preparation and delivery of employee severance packages. The right-sizing decisions made were taken wholly by Dresser-Rand and no Siemens Nigeria employees were affected in the process.

 Siemens and Dresser-Rand continue to work to ensure a secure and efficient integration process for all employees.

Source: Siemens Nigeria

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