Skip to content

Siemens Energy Discusses Their Operations: Insights Revealed

Siemens Energy announces job cuts even amidst profit announcements, opening up room for discourse about company's decision-making and financials.

Siemens Energy: Here's a Look at Its Operations
Siemens Energy: Here's a Look at Its Operations

Siemens Energy Discusses Their Operations: Insights Revealed

In a surprising move, Siemens Energy, the recently public company formed through a restructuring of Siemens' energy business, has announced plans to cut 7,800 positions worldwide by 2025, with 3,000 of those in Germany.

The job cuts primarily affect administration, sales, and management roles. This announcement has raised eyebrows, given that Siemens Energy is currently in the black, reporting profits in its operations.

Siemens Energy's CEO, Christian Bruch, has stated that this decision is part of the company's strategy to focus more on the Asian renewable energy market. With strong and growing demand from countries like China and India, Siemens Energy aims to deepen energy partnerships in Asia and strategically diversify away from traditional Western markets to increase resilience against global trade conflicts.

Siemens Energy's presence in Asia is already significant. The company currently operates four offshore plants off the coast of Taiwan, and an 14-Megawatt offshore wind turbine from the Gamesa plant in Cuxhaven is planned for the upcoming 300-Megawatt project "Hai Long 2" in Taiwan.

Other companies, like the Essen-based Innogy group, have also entered the Taiwanese market, indicating a growing interest in the Asian renewable energy sector.

The job cuts are being closely watched by the IG Metall union, according to the German Press Agency. IG Metall union secretary Hagen Reimer has stated that the current plans will be scrutinized for each position that is cut.

Peter Sieben, a journalist who writes about research, politics, and career topics, has covered the developments at Siemens Energy. Sieben previously worked for several years as a reporter and political reporter in various departments of daily newspapers and online media.

Dennis Butsch, Project Manager Execution at Siemens Gamesa, has stated that the company is stronger in Asia. This strength is likely to grow as Siemens Energy continues to focus on the Asian market, where offshore technology is in high demand.

Despite the job cuts, Siemens Energy's future in the Asian renewable energy market looks promising. The company's strategic moves are aimed at capitalizing on the growing demand for renewable energy in Asia and positioning itself as a key player in the region.

Read also:

Latest