Siemens AG began a small round of layoffs last week trimming its national labor force of Covid Panic Hires and near retirement aged employees to boost shareholder confidence and meet financial targets. More tightening is planned for the remainder of 2024.
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A letter came out that said 4,100 people were going to be let go. When will we hear? This is unfair. The waiting!!
Building Automation is a National Disaster. The leadership of the americas should be fired for what they did to this Business. Absolutely disgusting. Worst management, strategy and leadership this company has ever seen. Simply pathetic.
Who’s the brain child that decided to automate the entire sales, billing, booking, selling, review, approval and development process for Siemens AG? In addition to investing into India that operates on a completely different time zone than the americas? Clearly the leadership team isn’t focused on growth. The entire go to market process, retention and development is a disaster. Come 2026 Siemens will have to lay off thousands of employees to save face after this global management mistake! Thankfully I’ll be long gone and retired from this mothership mess!
AI is the biggest scam! Reminds me of the dot-com bo-m and bust! Customers are pushing back hard on all this digital drowning. They see what Meta did to extort American business with the subscription models and Siemens copies that same agenda driving its long term relationships into abyss. Not to mention outsourcing to India which operates in a complete different time zone than the americas has completely eroded efficiency and business productivity. The leadership of this company must be getting paid off for all these changes because there is no way any of these changes are effectively growing business.
EV became a massive bust after that enormous push. AI will be next. May work with tech companies but not in Environmental and Infrastructure. Siemens partners w governments to push there initiative and take the payoffs to help influence campaigns and other governments cover ups. Been going on since the 1960s
They don’t need to lay anyone off. Employees are quitting every week. Management is a disaster and processes are horrific.
Building Automation is a disaster nationwide. Should have sold off year ago but too profitable for AG. Technicians sleep in vans all day on Siemens dime.
We are short staffed already at our branch and management told our 2 senior PMs they will be let go last week? Something bigger must be in the works. We literally have nobody staffed that understand Siemens automation technology and a pipeline of projects that need execution? WTF is going on with this place?????????
Yup. Way too many mangers that do absolutely nothing and bring no value to the organization.
Siemens healthineers is much worse off..
Never mind the branches. Take a good look at the leadership of the organization. A bunch of clowns who have no idea how to run a business. If Germany only knew how bad the management was in America they would have shut this place down years ago. But all that matters is the money. And that’s it! The U.S. is a printing press for Siemens that isn’t going away anytime soon. The people may get let go but the machine will still find a way to get there products on the shelves and into the infrastructure. Capitalism at its finest.
The branch management at Siemens is horrible. Not like the old days where they had business degrees from reputable colleges and understood the business. Today they hire just about any fat slob that can fit into a golf shirt. We recently hired a sales manager for automation that managed a clothing store last year? They are so desperate to staff it’s no wonder this company is looking to outsource to India and streamline AI. The branches are a mess. Just awful managers that send any good candidate running for the door after a few months. It’s bad. Very very disappointing
Agreed
India is the next emerging market. Every company is sending jobs to India because they get higher margins and profits off the cheap labor contracts. Combined with all the AI implementation, they will eliminate all branch employees by 2030.Proprietary products distributed through multiple channels. Pretty much the same as the auto industry did with auto parts. Instead Siemens will be selling there materials at local supply shops. The overhead operating in America for large companies is terrible. Especially in the current geopolitical climate. Everyone wants there products on the shelves but don’t want to carry the weight and liability of employees. That’s the new America.
Here it’s comes. Was only a matter of time
Same here. Unfortunately no retirement packages were given. Instead management put them on a performance improvement plan and managed them out. Talk about age discrimination! I would think they would have a case if they hired an attorney. Pretty awful!
Confirmed! They let go of 2 guys in our office who were in there 60s as well of some younger operations personnel.