Investor Relations

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Siemens Energy operates globally along nearly the entire energy value chain. The company has about 91,000 employees worldwide (as of March 31, 2020). Its products include gas turbines, steam turbines, generators, transformers, and compressors. Siemens Energy’s 67 percent stake in Siemens Gamesa Renewable Energy makes it a global market leader in renewable energies.

News

Siemens Energy details plans to improve competitiveness | February 2, 2021

Employee representatives have been informed about the proposed steps aimed at improving the company’s long-term competitiveness
In addition to reducing non personnel costs, Siemens Energy plans to reduce current global workforce until 2025 by about 7,800 jobs in its Gas and Power segment
Non-recurring costs associated with the proposed job reductions will amount cumulatively to a mid to high triple digit million euro in line with previous guidance
Guidance overall for fiscal year 2021 remains unchanged