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a Siemens employee works on a gas turbine (archive)
Photo: Tobias Schwarz / REUTERS
Siemens Energy plans to cut 7,800 jobs worldwide - 3,000 of them in Germany.
By 2025, every twelfth job could be lost in the company that Siemens floated on the stock exchange last year.
The "Gas and Power" division is affected, as Siemens Energy said on Tuesday when it presented the results for the first quarter of the fiscal year.
The figures turned out to be good: From October to December, the company earned a bottom line of 99 million euros and thus returned to profitability.
In the past fiscal year, Energy had made a billion loss.
»The energy market is changing rapidly.
This offers us opportunities, but at the same time presents us with great challenges, «said CEO Christian Bruch.
With the savings program he wants to increase competitiveness.
»We are aware that our plans demand a lot from parts of the workforce.
It is therefore our goal to carry out these measures as socially acceptable as possible. «In addition, no entire locations should be closed.
The company is based in Munich, the headquarters are to be located in Berlin.
Siemens Energy had just promised to do without layoffs
Just a few days ago, Siemens Energy had signed an agreement with the employee representatives to reorganize the company, which among other things provides for avoiding layoffs if possible.
At the time, the company had not yet given any figures.
The fact that business was going well in the first quarter does not change the necessity of the renovation, according to Siemens Energy.
The result was supported on the one hand by operational improvements at "Gas and Power" and the wind power subsidiary Siemens Gamesa.
On the other hand, special effects helped: The company saved by working from home and by eliminating business trips in the corona pandemic.
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caw / dpa
