Siemens Announces Layoffs Amid Smart Infrastructure Restructuring

Siemens initiates workforce reductions in automation as well as Smart Infrastructure’s EV charging business to improve market competitiveness and develop high-growth markets.

Siemens has introduced worldwide job cuts of more than 6,000 positions to better its market position. The restructuring will impact five thousand six hundred Digital Industries' automation positions as well as four hundred and fifty roles from Smart Infrastructure's EV charging business segment.

Evolving market conditions within Germany serve as primary reasons why the Germany-based company pursues this restructuring initiative. The Smart Infrastructure division with its EV charging business strategy now directs efforts towards manufacturing rapid charging stations that serve depots fleet depots and en-route stations. The planned restructuring projects through 2025 expect to influence 450 job positions specifically and 250 of these positions exist at German facilities.

CEO Matthias Rebellius of Smart Infrastructure and a Siemens AG board member believes these changes will allow his division to select focus areas according to its strengths so that the organization can foster new partnerships and access emerging markets.

The automation business of Siemens must cut more jobs because Chinese and German markets show declining product demand. The company dedicates itself to helping workers through workforce transition while providing training and placement opportunities within the company for displaced employees.

The long-term strategic plan for Siemens includes expanding its Smart Infrastructure business by adapting to developing market directions involving energy efficiency and sustainable mobility along with digital transformation.