Siemens global layoffs include 6000 plus employees with plans to eliminate and downsize underperforming U.S. Branch offices by 2026.
17 replies (most recent on top)
@v4n: "The company is bleeding talents but is promoting the most incompetent people to management positions, because we need more and more managers to save the day, right?"
So true. Way too many managers. Case in point: The internal AI projects have stacks of managers. All useless. Slow progress in development, but hey, they have agile PI planning all scheduled where they babble and accomplish nothing.
@v04 it is like “The Industrial Metaverse”, announced at the same moment Facebook’s Metaverse became an internet meme and all the attention switched to LLMs and GenAI. So far nothing has been achieved, except showing that Siemens is just another customer of Nvidia and is not driving innovation. After 3 years they finally realized that AI is actually something and they are starting “The Industrial AI”. Again very late and just a more elegant way to acknowledge they are buying Nvidia and AWS technology. By the way, we had 2 waves of mass layoffs in less than one year, and another one is expected following Altair acquisition. The company is bleeding talents but is promoting the most incompetent people to management positions, because we need more and more managers to save the day, right?
I worked for Siemens US DI as well as in FA and power distribution more than 20 years. They have stagnated for years with very long tenured engineers and plant managers that never up skilled their abilities as technology progressed. Only in the past few years, mainly driven by German HQ direction, have they moved on and hired data scientists, highly technically adept support staff and some younger middle management to drive innovation. However, they have always been a company that was last to adapt to changing market and new products. Case in point, solar energy, EV charging, home automation, factory automation and wind energy. Each time they engaged in these as the market had peaked and were too late and too little financial commitment thus failed. The Dallas and Ft. Worth plant expansions and modernization is the current example.
dissolve Siemens GBS US they are a boondoggle!!!!!!!!
This company is overhyped. I worked in it for a small blip of my career, I am glad I am out now. They need to go bankrupt!
I worked for SIEMENS for 23 years in the FA business unit. Watched Raj Batra run the business into the ground. SIEMENS has no clue how to penetrate a competitive market, especially one like the United States. They have been lazily reliant on China and eastern European OEM’s that sell into the German industrial market, effectively brow, beating them into buying SIEMENS. SIEMENS hasn’t had a meaningful gain in market share in 40 years in the USA. They don’t get the details of the marketplace or the culture here, and they are destined to get their as--s kicked by Rockwell in Perpetuity.
@fr+1jpzpzbyn yes, that's the correct link. Thanks for including it.
@fq+1jpzpzbyn: bro, you mean this article?
https://www.thegatewaypundit.com/2025/03/major-german-company-siemens-announces-massive-10-billion/
This is the one making the rounds in the news, $10 billion investment in the US. By opening two high-tech manufacturing facilities in Fort Worth, Texas, and Pomona, California. It's all about AI in industrial software, and that's where Siemens wants to go.
@ba+1jpzpzbyn, you're claiming that there were "No webcast ever explained to employees."
You obviously don't work in Digital Industries, or you would've known that there was a webcast. Then again, based on your down votes, you're just a garden-variety troll. It was a town hall in Nuremberg on March 19 and shared as a webcast for the rest of DI. Cedrik and Rudolf hosted and explained the situation. The competition from China, impacts to automation and EV charging business, the capacity adjustments as the other poster mentioned, and discussions with labor representatives on the cuts, the One Tech initiative, and on and on. No mention of getting rid of underperforming U.S. Branches by 2026, as the OP is claiming. On that note, the company is actually investing $150 million in Texas setting up a new manufacturing plant with plans to hire more than 700 people: https://fortworthreport.org/2023/11/04/siemens-invests-150-million-in-new-manufacturing-plant-hiring-more-than-700/
How about freedom of speech from employees! Corporate PR wants to monitor these sites and control the narrative to the public instead of being honest about the dysfunction of the company.
6000 employee layoffs will become 12,000 come 2026! Siemens US branch profits are underwater. They are pushing out branch work to vendor channels because branches are a mismanaged disaster. They only care about product profits and don't care where the consumer buys from. Greedy executives and terribly managed company. Jamming proprietary subscriptions down customers throats. Forcing software and digital products to extort long term customer profits. Will backfire
No webcast ever explained to employees. More lies and misinformation from leadership. employees have to suffer once again to align leadership profits.
az+1jpzpzbyn, you said "There was a webcast in the DI division recently where this was explained."
I was at that webcast. No mention of shutting down underperforming U.S. branch offices like what the OP is claiming. They went through the numbers only for "capacity adjustment."
@a2+1jpzpzbyn: "What areas of Siemens will be impacted in the U.S.? Healthcare? AG? EPS? Or all???"
The OP won't respond because it's the same clown who likes to instill fear, uncertainty, and doubt in other threads, especially the ones with titles posed as a question. Anyway, it's for factory automation in DI and also the EV charging business. There was a webcast in the DI division recently where this was explained. You can also read here: https://money.usnews.com/investing/news/articles/2025-03-18/siemens-to-cut-5-600-jobs-in-automation-business
They have made the mistake of buying bad companies and flipping them at less than cost. Not a needful investment and a shell of its early 2000s glory hôle status.
What areas of Siemens will be impacted in the U.S.? Healthcare? AG? EPS? Or all???
They did this to themselves. Years and years filled with layers of terrible management. Offshoring jobs to India, multiplying internal processes that stagnate growth, political investment and alignment into the wrong industries. Completely mismanaged from top down. Awful what has happened to this once giant company and A Player in the industrial and automation sector. Now all other divisions have to suffer the consequences of poor decision making and years of terrible management.