威力彩玩法

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19 Jun 2019, 11:58
Julian Wettengel

Siemens to cut 2,700 jobs at gas and power unit, sells eAircraft business to Rolls-Royce

威力彩玩法

Siemens at its gas and power business over the course of several years in addition to the 10,400 it is already shedding in its core units, . Siemens said last month it was spinning off its gas and power business, which has acted as a drag on the firm鈥檚 performance as the rise of renewable power hits demand for gas turbines. The firm said on Tuesday that the creation of a separate operating company had led to significant synergies. Job cuts were needed to readjust to the changing market, with 2,700 positions to go worldwide, including 1,400 in Germany, it said.
Siemens it was selling its in-house electric aviation start-up eAircraft to British Rolls-Royce. Siemens added that it intended 鈥渢o sharpen its portfolio's focus鈥 and the electric aircraft business would have 鈥渟ubstantially better growth perspectives with new owners closely connected to the aerospace industry鈥. Siemens' eAircraft business employs around 180 electrical designers and engineers across locations in Germany and Hungary.

Siemens epitomises the upheaval caused by the Energiewende in the world鈥檚 fourth largest economy like few other companies. Despite the emphasis on sustainability in its corporate communications, Siemens underestimated the shift to renewable energy in Germany and abroad 鈥 similarly to many utilities as well as competitors GE and Mitsubishi Heavy 鈥 and remained a big supplier to the oil and gas industry. The Power and Gas division, which specialises in gas turbines, is by revenue still the company鈥檚 largest business and has long been instrumental for the group鈥檚 total profits.聽This is why the collapse of international demand for fossil power generation caused 鈥渄isruption of unprecedented scope and speed鈥 in this business area, .

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