Siemens AG, a titan in industrial engineering, dropped a bombshell on March 18, 2025, announcing plans to cut 6,000 jobs worldwide across its automation and electric vehicle (EV) charging divisions. The move, detailed in a company press release, targets a struggling factory automation business and a faltering EV charging segment, reflecting a strategic pivot amid shifting market winds. For tech watchers and industry observers, this isn’t just a corporate shuffle—it’s a signal of deeper challenges in automation demand and EV infrastructure growth, with ripple effects poised to reshape Siemens’ global footprint.
The bulk of the layoffs—5,600 jobs—will hit the Digital Industries (DI) automation unit by fiscal 2027, with 2,600 of those in Germany alone, while the Smart Infrastructure EV charging business will shed 450 positions by year-end. This comes as…
You're reading a preview of
Apple - 1 Issue, #699