The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture of electrical, electronic and optical products Manufacture of electrical equipment 27 - Manufacture of electrical equipment
2,850 jobs Number of planned job losses
Announcement Date
18 March 2025
Employment effect (start)
18 March 2025
Foreseen end date
31 December 2027
Description
Siemens, a leading German technology company in the fields of industry, infrastructure, mobility, and healthcare, is cutting around 6,000 jobs worldwide, including 2,850 in Germany – primarily in the automation division of Digital Industries and in the electric vehicle charging solutions business. Specific regional details within Germany have not yet been disclosed.
The restructuring is driven by declining markets in Germany and China, as well as structural shifts in the automation sector. Around 2,600 jobs in the automation division are to be eliminated by the end of the fiscal year 2027 and approximately 250 jobs in the e-mobility division by the end of 2025.
There will be no compulsory redundancies in Germany; Siemens is relying on internal job transfers, reskilling and upskilling measures, and natural attrition. So far, there is no information on potential impacts on suppliers or subcontractors.
Employee representatives have sharply criticized the cuts and are calling for long-term job security instead of workforce reductions under the company’s "One Tech Company" initiative.
Siemens currently employs around 86,000 people in Germany and 312,000 worldwide.
The global restructuring programme has been recorded in the ERM Siemens 2025 - WOSince September 2018, the company has announced 2,900 job cuts in Germany Siemens 2018 - DE.
Eurofound (2025), Siemens, Internal restructuring in Germany, factsheet number 202599, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202599.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
