Siemens Confirms 6,000 Global Job Cuts, Including 2,850 in Germany
The restructuring focuses on the Digital Industries division, citing weak automation demand and market challenges, while labor representatives criticize the move.
- Siemens will eliminate 6,000 jobs globally, with 2,850 in Germany, as part of a restructuring plan primarily targeting the Digital Industries division.
- The automation business within Digital Industries has struggled due to high inventory levels at customers and weak demand, prompting capacity adjustments.
- An additional 450 jobs, including 250 in Germany, will be cut in the electric vehicle charging solutions business by September 2025 due to market pressures.
- Siemens has pledged to avoid compulsory redundancies in Germany and maintain overall workforce stability by hiring in growing business areas.
- Labor representatives have strongly criticized the job cuts, arguing they undermine trust and conflict with Siemens' transformation and growth objectives.