Overview
- 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.