Siemens is set to reduce its workforce by more than 6,000 jobs worldwide, primarily affecting its Digital Industries and Smart Infrastructure divisions. The move, which impacts over 5,600 roles in Digital Industries and 450 in Smart Infrastructure, comes as the company responds to changing market conditions, particularly in China and Germany.
The company cited a two-year decline in the German market as a major factor, with 2,600 jobs expected to be impacted by 2027 in Digital Industries, and 250 in Smart Infrastructure by 2025. However, Siemens assured that there will be no operational layoffs in Germany, with staff levels expected to stabilize through hiring in other sectors. Siemens also highlighted that more than 7,000 positions remain open globally, with 2,000 of those in Germany.
In response to competitive pressures, Siemens will realign its global operations, particularly in automation technology and e-vehicle charging. Despite a decline in orders, the company believes long-term demand for automation will remain strong. Siemens is refocusing its e-vehicle charging business on fast-charging infrastructure for depots, fleets, and en-route charging, moving away from low-power charging stations amid price pressures.
This restructuring follows similar moves in the tech sector, such as Autodesk’s recent decision to cut 9% of its workforce as part of a global restructuring plan aimed at reallocating resources to critical areas like industry clouds and artificial intelligence.
Siemens München Perlach Picture by Rufus46 on Wikimedia Creative Commons Attribution-Share Alike 3.0
