Energy Supply
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Siemens Gas and Power

Job cuts at Siemens

In mid-June 2019, Siemens announced further planned measures to strengthen the productivity and competitiveness of the Operating Company 'Siemens Gas and Power' (GP). Worldwide, 2,700 jobs are to be cut, including 1,400 in Germany.

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Siemens

Gas and Power is spun off

Realignment at Siemens: The portfolio is to be focused on dynamic growth markets and efficiency improvements. The spin-off of Siemens Gas and Power (GP) is one step in this direction.

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