Siemens Medical Solutions has laid off 350 workers at its U.S. headquarters in Malvern, Pa., which employs a workforce of approximately 4,000.
The layoffs follow a July announcement of the company’s plans to cut 16,750 jobs across its divisions in an effort to reduce total costs by $1.8 billion by 2010.
According to company spokesperson Lance Longwell, the layoffs in Malvern are in the health services business unit and the healthcare IT operations.
Affected employees will be granted first priority selection for open positions within the broader organization, Longwell said. Each employee is offered a severance program, career services, placement and counseling.
"This action is intended to better align resources to the company’s strategic areas of focus and affects less than 10 percent of the work force," he said.
Siemens aims to conclude its layoffs by mid-September.
