Photo courtesy of: https://www.jefflealformayor.ca/
Peterborough’s mayor is responding to Siemens Canada’s announcement that approximately 160 manufacturing jobs will be relocated from its Peterborough facility over the next two years.
In a statement on Wednesday, Jeff Leal said:
“This morning’s announcement from Siemens Canada was very difficult to hear for our community. Siemens will be moving approximately 160 manufacturing positions from its Peterborough plant over the next two years as part of a broader effort to consolidate its operations globally.
I’ve been told that the people in the affected positions will be offered jobs at other Siemens facility locations or other supports if they choose not to accept relocation. The loss of these jobs in Peterborough is deeply concerning to the affected individuals, their families, and our entire community. I appreciate Siemens’ commitment to do all they can to help affected employees.
Siemens will retain 40 employees in Peterborough and will be looking to lease their facility to another manufacturer. The City’s Economic Development Division has already connected with Siemens and will work diligently alongside them to find a new tenant for that facility as soon as possible.
I want to thank Siemens for their long history of good corporate citizenship in Peterborough. The company and its employees have consistently donated their time and money to charitable causes in our community, including the Salvation Army and the Peterborough Humane Society. While the company is reducing its presence in Peterborough, it remains committed to our community as part of its global corporate restructuring.”
Siemens says the restructuring is necessary to respond to increasing global competitive pressures. By consolidating operations, the company hopes to create efficiencies across its local and global supply chains and improve its responsiveness to evolving customer and market demands.
