Siemens to Cut More Than 6,000 Jobs in Automation, EV Charging Businesses -- Update

Dow Jones

03-18

By Michael Susin

Siemens said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.

The German industrial conglomerate on Tuesday said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in its electric-vehicle charging business.

In Germany, 2,600 jobs in the automation business will be affected, and 250 in the electric vehicle charging segment.

The company added that the layoffs will be implemented by the end of fiscal 2025.

Siemens said the adjustments are due to changes in market conditions. Muted demand, particularly in the key markets of China and Germany, coupled with increased competition have "considerably reduced orders and revenue in the industrial automation business."

The company employs 312,000 people worldwide, according to its website, and around 86,000 people currently work in Germany, a business location which Siemens said it is strongly committed to.

The company added that the reduction plans are aimed at strengthening its competitiveness and enabling investments in growth markets. It added that the electric vehicle charging market is currently facing strong price pressures and limited growth potential for low-power charging stations.

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires

March 18, 2025 11:19 ET (15:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2520602833"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2520602833\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2520602833?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-18 23:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2520602833","market":"sg","top_or_hot":-1,"title":"Siemens to Cut More Than 6,000 Jobs in Automation, EV Charging Businesses -- Update","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Michael Susin \n</p>\n<pre>\n \n</pre>\n<p>\n  Siemens said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness. \n</p>\n<p>\n  The German industrial conglomerate on Tuesday said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in its electric-vehicle charging business. \n</p>\n<p>\n  In Germany, 2,600 jobs in the automation business will be affected, and 250 in the electric vehicle charging segment. \n</p>\n<p>\n  The company added that the layoffs will be implemented by the end of fiscal 2025. \n</p>\n<p>\n  Siemens said the adjustments are due to changes in market conditions. Muted demand, particularly in the key markets of China and Germany, coupled with increased competition have \"considerably reduced orders and revenue in the industrial automation business.\" \n</p>\n<p>\n  The company employs 312,000 people worldwide, according to its website, and around 86,000 people currently work in Germany, a business location which Siemens said it is strongly committed to. \n</p>\n<p>\n  The company added that the reduction plans are aimed at strengthening its competitiveness and enabling investments in growth markets. It added that the electric vehicle charging market is currently facing strong price pressures and limited growth potential for low-power charging stations. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Michael Susin at michael.susin@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 18, 2025 11:19 ET (15:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Siemens to Cut More Than 6,000 Jobs in Automation, EV Charging Businesses -- Update</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSiemens to Cut More Than 6,000 Jobs in Automation, EV Charging Businesses -- Update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-18 23:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Michael Susin \n</p>\n<pre>\n \n</pre>\n<p>\n  Siemens said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness. \n</p>\n<p>\n  The German industrial conglomerate on Tuesday said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in its electric-vehicle charging business. \n</p>\n<p>\n  In Germany, 2,600 jobs in the automation business will be affected, and 250 in the electric vehicle charging segment. \n</p>\n<p>\n  The company added that the layoffs will be implemented by the end of fiscal 2025. \n</p>\n<p>\n  Siemens said the adjustments are due to changes in market conditions. Muted demand, particularly in the key markets of China and Germany, coupled with increased competition have \"considerably reduced orders and revenue in the industrial automation business.\" \n</p>\n<p>\n  The company employs 312,000 people worldwide, according to its website, and around 86,000 people currently work in Germany, a business location which Siemens said it is strongly committed to. \n</p>\n<p>\n  The company added that the reduction plans are aimed at strengthening its competitiveness and enabling investments in growth markets. It added that the electric vehicle charging market is currently facing strong price pressures and limited growth potential for low-power charging stations. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Michael Susin at michael.susin@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 18, 2025 11:19 ET (15:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2520602833","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520602833","pubTimestamp":1742311140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Siemens said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.The German industrial conglomerate on Tuesday said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in its electric-vehicle charging business.In Germany, 2,600 jobs in the automation business will be affected, and 250 in the electric vehicle charging segment.The company added that the layoffs will be implemented by the end of fiscal 2025.Siemens said the adjustments are due to changes in market conditions. Muted demand, particularly in the key markets of China and Germany, coupled with increased competition have \"considerably reduced orders and revenue in the industrial automation business.\". The company employs 312,000 people worldwide, according to its website, and around 86,000 people currently work in Germany, a business location which Siemens said it is strongly committed to","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"西门子将在自动化和电动汽车充电业务领域裁员6,000多人——更新","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SIEGY":0.9},"content_text":"By Michael Susin \n\n\n \n\n\n  Siemens said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness. \n\n\n  The German industrial conglomerate on Tuesday said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in its electric-vehicle charging business. \n\n\n  In Germany, 2,600 jobs in the automation business will be affected, and 250 in the electric vehicle charging segment. \n\n\n  The company added that the layoffs will be implemented by the end of fiscal 2025. \n\n\n  Siemens said the adjustments are due to changes in market conditions. Muted demand, particularly in the key markets of China and Germany, coupled with increased competition have \"considerably reduced orders and revenue in the industrial automation business.\" \n\n\n  The company employs 312,000 people worldwide, according to its website, and around 86,000 people currently work in Germany, a business location which Siemens said it is strongly committed to. \n\n\n  The company added that the reduction plans are aimed at strengthening its competitiveness and enabling investments in growth markets. It added that the electric vehicle charging market is currently facing strong price pressures and limited growth potential for low-power charging stations. \n\n\n \n\n\n  Write to Michael Susin at michael.susin@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 18, 2025 11:19 ET (15:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}